Many business-minded individuals are becoming more excited about investing in real property. This makes perfect sense as you become aware of all of the advantages of making a rental property investment.
There are some reasons why these people are becoming excited:
Owning a real property is more than just some numbers on a monitor. Real estate is in something physical, which has real solid value, can give you added confidence. While real estate may fluctuate, rarely does it go through the wild swings of the stock market.
Real properties can be a solid investment even in serious real estate situation. When people lose homes, or cannot afford a home is when rental property is at best. During that time, these people need a rental the most. As a rental property investor you are providing a great service for your community, while enjoying the benefits of a good income source.
Moreover, property offers you an income stream. You will have monthly payments coming in each month from your tenants. While you must deduct out the cost for any mortgage payments and other costs, it is a lot better to generate constant income, instead of constant cost. As you pay off your mortgage, the rental income can quickly be the source of high income.
But just like other investments, there are some things you need to consider before buying a rental property. Read this article for more details: http://time.com/money/2954483/should-i-buy-an-investment-property