Is Real Estate a good option to invest?

Real estate is like intellect, it cannot be stolen or taken away. Real estate is an imperishable asset and its value increases day by day. Owning land is a keystone of wealth, both financial and emotional. More than 90% Millionaires have acquired their wealth through Real estate. Nowadays people often ask is Real Estate a Good  investment?

Though the economy has its ups and downs however Real Estate is a great investment option, as it can generate continuous passive income and will be a good long term investment. Real Estate is great tool to generate wealth and if you manage it wisely it will reap you unimaginable profits.

Real Estate plays an integral role in any countries economy. Residential real estate provides housing for families and it's a greatest source of wealth and savings.

The most important thing to keep in mind while investing in real estate is Location. The most significant factor for profitability is location, proximity to amenities, schools, banks, scenic views are major factors for residential property.

There are many benefits and advantages of investing in real estate:

• Cash flow. Many people invest in rental properties simply because of the cash flow - the extra money that is left after all the bills have been paid. 
• A hedge against inflation. 
• Control 
• Tax benefits. 
• The loan pay down. 
• Appreciation. 

The growth rate in real estate has always been good, investing in rentals is great move as they provide passive income.

You need look at lot factors before buying your first investment property.

1.Interest rates

While buying the property the most important thing is the rate of interest which the banks offer and choose the best option that's suits you. But be wise and don't let the mortgage become a burden on you.

2.Location of the Property

As I already mentioned location is very important while buying the property because the appreciation of the property depends on the location and neighborhood.

3.Purpose of investment

You should have a clear idea about your investment and the purpose, you should be able to identify which property suits you best and plan accordingly. Set your preferences and if possible take professional advise.

CONCLUSION

Real Estate is a great option to invest it has a potential of providing good returns and can generate passive income for you. But if you want to get rich quickly and you don't have patience it is not for you. Real Estate investing takes a lot of time, research and will-power to make it work well for you.

Please leave a comment if you invested in real estate.

Happy investing!