Long-Term Investment Strategy
What is the first thing you think of when you hear the word “investment?” Stocks, bonds, Wall Street, etc? Well, if you are looking to invest in your future, real estate may be the right move for you. According to a poll by Gallup, real estate has been voted the best long-term investment for 8 years in a row. It stands ahead of stocks/mutual funds, gold, savings and bonds!
Real estate is considered a stable, secure and tangible asset that can grow. For example, in 2021 homeowners gained an average of $56,700 in equity. Equity growth builds your wealth and opens doors! As home prices rise, so does your equity and experts are expecting that growth to continue throughout 2022—hence the current low supply, high demand housing market.
Aside from living in your home and gaining equity over time, here are 3 ways that you can invest in real estate:
1. Long-Term Rental
2. Fix Up/Flipping
3. Short-Term Rental
The joy about investing in real estate is that it’s not just an investment; it’s home. A place to live, work and love!
If you are interested in making real estate one of your investments this year, let’s connect! We are excited to help you get started!