Top Three Reasons to Invest in Real Estate Right Now

For the better last half of the year we have been giving you reasons upon reasons to start your flipping career. We have also supplied you with tips and tricks and many blogs with advice on investing in real estate and if you are ready to make that jump. We want to round out the last month of the year with one of our last blogs being the top reasons to invest in real estate right now.

 Investing in Real Estate Gives You Leverage

Once you get past the notorious “first flip”  money will be easier to come by. This is one of the best things about investing in real estate; you no longer have banks on your hit list. When you get a few flips under your wings, banks will be more open to lending to you as an established investor. With your properties as leverage, you can easily loan money from the bank for both personal and non-personal use.

Additional Tax Reduction Strategy

We have talked about it before. HUGE tax advantages to investing in real estate. Having one real estate property and even more makes it  easier for you to reduce your taxes. This is due to the fact that you can use personal expenses and convert them into expenses that you can deduct to the overall revenue of your property. More so, you will be able to write off some of the expenses as daily maintenance and checking in on your property, or expenses of which you required to check on the property managers or contractors you have hired.

Save For The Future

Americans are the worst savers in the world.  Unfortunately in this day and age pension plans and 401k plans are not enough money for you and your family to live comfortably after you retire. Investing in real estate can be the alternate to a lacking retirement plan and those risky stock market games.

Investing in real estate properties right now helps you save money for the future because as long as you manage it right, your property will be profitable. In fact, your future self will definitely be thanking you right now if you decided to invest in a couple of real estate properties.

Now there are plenty of entrepreneurs that have failed at the hands of flipping houses. However, much of them did so because they invested in real estate and seemed to have forgotten to make it more of a hands-on effort of making money. While real estate investment is a passive-income, this does not mean that you should be passive as well when handling it. You have to educate yourself and make sure that you are making the right decisions.

In the process of accumulating wealth, investing in real estate is definitely a huge part of that formula. Although we are not suggesting that you will become rich overnight or become rich beyond your wildest dreams, you will have enough money to make you happy, worry-free and be financially independent. Investing in real estate will help you achieve those life goals with out taking away any of that precious time from your family or time from doing the things you love.

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Erik Hitzelberger has been Real Estate Investor since 2007. While learning the ropes in the market down-cycle, he now teaches others how to use his systems and leverage other people’s expertise to achieve their own goals.

Erik Hitzelberger – who has written 194 posts on Part Time REI.

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