The current economic crisis has left many investors wondering where they should put their money. Stock market, real estate, bonds – or just leave it in the savings account?
At Priority, we still believe that real estate is not only the safest, most profitable investment available, but that there are more opportunities available today than ever before. Real estate values are extremely low, interest rates are terrific, and there is a real increase in the number of people needing to rent homes today.
Of course, just leaving your money in the savings account feels safe – but is actually a quick way to lose money. Savings account interest rates don’t even keep up with the level of inflation, taxes, and fees – seriously reducing the spending power of your cash in relatively few years.
Let’s look at some of the advantages of real estate investing:
- Leverage. Most real estate investment allows you to buy properties with as little as 20% down, or even less. With only $20,000, you control $100,000 worth of real estate. No other investment offers that opportunity.
- Appreciation. Real estate has historically produced more millionaires than almost any other endeavor, largely because real estate appreciates, in addition to providing income and…
- Tax Benefits. Real estate offers myriad tax benefits, from depreciation to interest write-offs to 1031 exchanges. No other investment comes close. Consult your tax professional; we’re just real estate guys.
- Income! Income, income, income. This is why we love real estate. At the same time that our properties are appreciating and earning us tax benefits, the rent checks just keep coming in. With property values so low, we don’t buy or sell any property that doesn’t produce income.
- And finally, real estate is real property, a hard asset that you control, not just a bet on someone else’s corporation.
The profits are so high in real estate right now that we don’t consider it just an investment: Real estate is a super-profitable BUSINESS.
Disclaimer: Real estate investments involve the risk of loss. Priority Investment Group, LLC does not guarantee the future performance of any investment property. Buyer is advised to educate themselves about the risks involved in owning rental properties. Buyer is further advised that all information contained above has been obtained from sources deemed reliable but is not guaranteed by Priority Investment Group, LLC and buyer further agrees to take full responsibility in satisfying themselves as to the accuracy. Priority Investment Group, LLC cannot be held responsible for unforeseen circumstances or any information omitted to them, whether intentional or not.
