Addicted To Real Estate?.......6 Reasons We Just Can’t Stop.
- marvel 007
- Sep 22, 2021
- 3 min read
● Real estate investments are always supporting a comfortable living.
● The real estate properties will yield good returns irrespective of the economic conditions in the market.
● It is a non-risky investment option.
● Possibility to enjoy long-term financial security.
● Provides hope for future expansion possibilities.
● Each method of investment comes with its own set of pros ad cons.
● The real estate investments are inflation-protected.
● Real estate always responds proportionately to inflation.
● The rental income and the property value used to get increased at the time of high inflation.
● The best builder in Chennai provides the best support for the property buyers to get addicted to more investments in a worthy manner.
ADVANTAGE OF MORTGAGE, LIQUIDATE AND REFINANCE POSSIBILITIES
● We can take a mortgage.
● We can easily use refinance possibilities.
● The immediate money need for emergency situations can be handled with quick liquidation possibilities.
THE POSSIBILITY FOR DUAL INCOME
● Supplementary cash flow/ additional income is possible.
● We have the possibility to get additional income from the house rents.
● It is the most consistent passive steady income throughout the life with very little effort to maintain.
● Sometimes we can enjoy the possibilities of getting more rental income and we can easily cover our living costs.
● The accumulation of a good amount of passive rental income will help us to think about the possibility of further valuable investments.
● It accumulates profits and increases wealth.
ENJOY THE ADVANTAGE OF MULTIPLE INVESTMENTS AND BANK LOAN FACILITIES
● One can invest in different areas to lessen the risks
● By doing investment in more than one area, one can build an asset bank.
● And also raise the net worth.
● Long-term financial security is possible.
● There is a possibility and availability to enjoy the ready finance in the form of home loans.
● Many banks have loan facilities with a 20% down payment possibility.
● And also if we get the property at a very good price, the home insurance may be low.
ENJOY THE BENEFITS OF INSURANCE COVER
● We can insure every piece of land in real estate investments.
● The major insurance benefits are as below
1. Complete protection from damages
2. Reimbursement for lost items
3. Protection from lawsuits
● The insurance brokers from the reputed firms will offer the best rates with the highest coverage.
POSSIBILITIES FOR SIGNIFICANT TAX BENEFITS
● Tax deductions from income
● Tax breaks for property taxes.
● Lower tax rates for long term investments
● Tax breaks for property depreciation
● Tax breaks for maintenance repairs
● Tax breaks for legal fees
● Tax breaks for travel costs associated with the property.
● Mortgage interest tax deductions from income.
ENJOY THE OPTIONS
● We can use different options with different price points.
1. Individual houses
2. Apartments
3. Complexes
4. Commercial complexes
5. Hotels
6. Industrial buildings
EQUITY IS THE BEST FAVOR
● The difference between the current value of our rental and how much we owe on it is called equity.
● We have the advantage of using the equity to buy another property or improve our existing rental.
● If there is a possibility that our property value gets increased, we can use the equity in our favor.
● We can explore the option of a cash-out refinance.
● There is a chance of leveraging the equity in our investment property to buy more property is a smart choice for our advantage.
● It is crystal clear that we can use the existing equity in one property to get another loan.
● It clearly indicates the possibility to purchase another investment property.
CONCLUSION
● The benefits of real estate investments are good and the return on investment with good appreciation will happen in the future.
● Always the value of properties will rarely go down and it is safe investment.
● There is a possibility to see a high rise in value in the future.
● Namma family builder and developer Pvt ltd., is the best builder in Chennai providing the proper guidance to get the best benefits for the buyer’s money.
● For further details, kindly visit our website.
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