Buying real estate is about more than just finding a place to call home. Investing in real estate has become increasingly popular over the last 50 years and has become a common investment vehicle.
Although the real estate market has plenty of opportunities for making big gains, buying and owning real estate is a lot more complicated than investing in stocks and bonds. You can navigate here http://top1advisory.com/ to make your good real estate investment company.
In this article, we'll go beyond buying a home and introduce you to real estate as an investment. When you buy property you are taking money out of your liquid financial assets – stocks, bonds, CDs – and investing it into a very illiquid asset – real estate. You were earning a rate of return on your financial assets, such as 4 percent or 6 percent, and you should strive to earn a fair cash-on-cash rate of return on your real estate.
Sometimes real estate investing for beginners can seem a bit intimidating and it’s easy to get lost in the lights and sounds of all the blogs, books, and television gurus with their slick hair. To help cut through the crap that’s out there I wanted to create a short list of tips you can use as you embark on your journey to find financial freedom through real estate.
Property taxes vary state by state, and generally are used to fund major state projects such as schools and parks. Knowing what kind of property taxes you can expect will paint a picture of the true cost of ownership, as well as the kind of public investment in the area you are planning to live.
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