ACCORDING TO MILLIONAIRES, REAL ESTATE IS THE BEST INVESTMENT YOU CAN MAKE TODAY AND HERE IS WHY - Engraced Choice Properties

Engraced Choice Properties

ACCORDING TO MILLIONAIRES, REAL ESTATE IS THE BEST INVESTMENT YOU CAN MAKE TODAY AND HERE IS WHY

real estate is the best investment
real estate is the best investment

According to billionaire Andrew Carnegie, 90% of millionaires made their money from real estate investments. Are you still sure this is true? Is it still a good idea to invest in real estate?

The Oracles’ nine Advisors, who amassed fortunes through real estate investment, say unequivocally that the answer is yes.

  1. “Owning made me Affluent,” Says one.

“I became wealthy through real estate investing, primarily out of need and not on purpose. I scraped together a few dollars and bought my first tiny studio because I had to live somewhere.

A few years later, the value of the studio increased, providing me the money I needed to put down 50% on a one-bedroom apartment. That quickly expanded into a one-bedroom, then a two-bedroom, a three-bedroom, and finally my ten-room Fifth Avenue penthouse.

The biggest choice I made was purchasing that little company because it put me in the game.

—Barbara Corcoran, the creator of The Corcoran Group, the host of the podcast “Business Unusual,” and a “Shark Tank” judge.

2. “Residential Homes can Produce Revenue all Year Round.”

If you are in it for the long run and not just for a fast profit, investing in real estate is a terrific option.

Your greatest option is to invest in homes that provide rental revenue all year long. Just make sure you are aware of all the connected legal charges and ready for unforeseen expenses.

—Bethenny Frankel, philanthropist and businesswoman who founded Skinnygirl and BStrong.

2. “Residential Homes can Produce Revenue all Year Round.”

If you are in it for the long run and not just for a fast profit, investing in real estate is a terrific option.

Your greatest option is to invest in homes that provide rental revenue all year long. Just make sure you are aware of all the connected legal charges and ready for unforeseen expenses.

—Bethenny Frankel, philanthropist and businesswoman who founded Skinnygirl and BStrong.

3. “The Correct Investment will keep Growing.”

“Real estate is genuine, and investing in real assets is always a smart move. To be clear, though, this does not imply that all real estate is a wise investment.

I only invest in specific kinds of real estate, typically multifamily homes in upmarket neighborhoods with strong potential for future appreciation.

I avoid single-family homes and low-income neighborhoods. However, even such assets are arguably a better option for storing cash than allowing it to lose value while sitting in a bank!

—Grant Cardone, a bestselling book and sales specialist.

4. Purchasing is wiser than renting.

The majority of millionaires I know made more money from real estate ownership than any other type of investment. Real estate consistently outperforms other assets in terms of long-term value growth.

Plus, it isn’t as vulnerable to short-term fluctuations as the stock market. You get a tangible, usable asset, whether you’re renting out an apartment or commercial building for income or buying a home. Tax advantages may also apply to investment properties.

The time is always right to purchase real estate. In actuality, the real wealth is created by making purchases when everyone else is making sales and vice versa. The market is healthy, with rising prices and transaction volume, despite the widespread rumors of a recession.

In some areas now, renting a one-bedroom apartment might cost $5,000 per month, however, $4,000 in monthly mortgage payments can be used to purchase a $1 million home. The ideal type of rent control also includes a rate that is fixed for 30 years.

Why would you then rent? In addition, if you rent out your property, you can pay off your mortgage or even better.—Peter Hernandez, the Western Region President at Teles Properties’ founder and CEO, Douglas Elliman

5. You receive substantial tax benefits.

Real estate has amazing tax advantages. You may be exempt from paying taxes on certain gains from investment properties.

The richest people amass property the way they did automobiles. Prices have decreased, interest rates are low, and you don’t need to invest a sizable sum of money.

In addition, more people are choosing to rent rather than own homes. Having a profitable rental property is possible if you use other people’s money to pay the mortgage, taxes, and maintenance.

Although I advise you to diversify your investments, there

Brick and mortar investments that you can live in and enjoy are the best place to keep your money. You invest in yourself when you make an investment in your environment.

—Holly Parker, award-winning broker and the creator and CEO of The Holly Parker Team at Douglas Elliman.

6. “It doesn’t tie up much money.”

Real estate can always be leveraged because it is a bankable asset. Additionally, it doesn’t use up a lot of money. You can use the money from banks to increase your investment with as little as a 10% down payment. That is essentially free money given today’s low interest rates.

Your money won’t vanish immediately, unlike the stock market where many factors are outside your control. Excellent return rates and tax benefits might also help you increase your wealth.

Only individuals who bought at the peak of the market and sold at the wrong time or who removed an excessive amount of equity from their house, leaving little profit margin when they sold it, lose money in real estate. It frequently requires time to perceive large appreciations, but you will if you hang onto your investment.

—Dottie Herman, CEO of Douglas Elliman, a massive real estate company with yearly sales of more than $27 billion.

7. “Real estate provides endless alternatives.”

Because you have more possibilities than with other forms of investments, real estate is always a great investment.

Your success depends entirely on variables beyond of your control if you invest in stocks, bonds, or a private offering. Your only real choices are to hold or sell. With real estate, your options are virtually endless.

If the market declines, you may purchase a house with the intention of flipping it and then rent it out. You can sell a rental you purchase if its value considerably increases. You can refinance, renovate, and rezone real estate. You can add parcels to it, subdivide it, lease it, or develop it.

Just a few of your options are listed below. One reason it works is because of its versatility. than any other asset type, has produced the most millionaires.

Daniel Lesniak, author of “The HyperLocal, HyperFast Real Estate Agent,” founder of Orange Line Living, broker with the Keri Shull Team, and co-founder of the real estate coaching company HyperFast Agent

8. People will always require a place to call home.

“Compared to other investments, real estate has the potential for higher and more reliable returns. When a building is constructed, it is because a number of people believe that the population is sufficient to support it.

“The increasing real estate market is evidenced by the sheer volume of new properties each year. Demand rises steadily, and supply responds to that. Populations hardly ever decline, therefore the need for housing rises year after year.

Particularly, the demand for multifamily residences is expanding. People are less inclined to purchase homes as apartments become more appealing. You can continuously produce rising income with multifamily flats.

You can start collecting returns for your investors after the property stabilizes until you decide to sell. There’s additionally year-round demand everywhere.

—Robert Martinez, the creator and chief executive officer of Rockstar Capital, a real estate investment company with over $330 million in assets under management and the host of the podcast “The Apartment Rockstar.

8. People will always require a place to call home.

“Compared to other investments, real estate has the potential for higher and more reliable returns. When a building is constructed, it is because a number of people believe that the population is sufficient to support it.

“The increasing real estate market is evidenced by the sheer volume of new properties each year. Demand rises steadily, and supply responds to that. Populations hardly ever decline, therefore the need for housing rises year after year.

Particularly, the demand for multifamily residences is expanding. People are less inclined to purchase homes as apartments become more appealing. You can continuously produce rising income with multifamily flats.

You can start collecting returns for your investors after the property stabilizes until you decide to sell. There’s additionally year-round demand everywhere.

—Robert Martinez, the creator and chief executive officer of Rockstar Capital, a real estate investment company with over $330 million in assets under management and the host of the podcast “The Apartment Rockstar.

How would you like to know the best real estate investment to start with? Right time? The right time to invest is always now! Click here to talk to us Or Check out our ongoing projects you can invest in.

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