You've been thinking about investing but don't know where to start
Philadelphia real estate is hotter than ever, and our investors can confirm. But with the supply of homes still being on the lower side, and price decreases spreading across the market like blackouts now is a great time to invest in real estate.
Steady Cash Flow
Real estate is a great way to boost your monthly income, whether commercial or residential you can rent these spaces out to tenants.
Great Returns
The Real estate you own appreciates over time and then you can sell it when the time comes for a solid profit.
Long-Term Security
Real estate investments are long-term plans, and while you wait for the property to appreciate you can rent it out and earn income.
Tax Advantages
Investing in real estate comes with several tax benefits and deductible expenses associated with owning an investment property. This includes your property taxes, mortgage interest, property management fees, property insurance, the costs of ongoing maintenance, the cost of repairs, and the money you pay to market your property to potential renters. And when you sell the property, your gain will not be taxed as income, but instead as capital gains which typically come at lower tax rates.
Diversification
Adding a real estate asset to your portfolio can boost your diversification, which is a great way to protect you from economic turmoil.
Passive Income
Investment Properties bring much desired passive income which allows you to not work every day.
Protection against inflation
Real estate investments are considered protection. When the prices of goods and services are risings, home value and rent prices typically increase as well. Because of this, an asset like this can help protect you financially when the cost of everything else is going up.
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