Steady Income
This is a no brainer! The majority of people invest in real estate for the steady flow of cash they earn in the form of rental income. This passive income is a huge incentive to get you started and buy your first rental property. Depending on the location, you could be earning significant income to cover your expenses and make you extra money on the side. Urban cities or towns with colleges and universities tend to reap higher income because the demand is always high in those areas. If chosen wisely, you can secure a steady flow of income for a long time and even save for retirement. And you do not have to stop at investing in one property at a time; you can pick up the pace and invest in multiple rental properties all at once to increase your positive cash flow and diversify your real estate investment portfolio. You can manage by hiring a professional property management professional if the workload becomes too much. One tip to keep in mind: location, location, location is key to smart real estate investing. Don’t forget to choose a prime location to reap off the benefits of investing in real estate.
Long Term Financial Security
The benefits of investing in real estate provide investors with long term financial security. When you have a steady flow of cash in succession, the rewards of this investment bring on financial rewards for a long time. Owning a rental property can afford investors a sense of security because of the property’s appreciation in value over time. This means that your property’s value is most likely going to increase because land and buildings are appreciating assets. With that said, however, there is no guarantee the value will increase indefinitely. That is why it is always recommended to thoroughly research the location before closing the deal on the house of choice.
Tax Benefits
One of the benefits of investing in real estate is the tax exemptions investors get from owning a rental property. This is a major reason why many choose to invest in real estate. For example, rental income is not subject to self-employment tax. In addition, the government offers tax breaks for property depreciation, insurance, maintenance repairs, travel expenses, legal fees, and property taxes. Real estate investors are also entitled to lower tax rates for their long term investments. Icing on the cake!
Mortgage Payments Are Covered
The benefits of investing in real estate include your tenants as well. Simply put, the rental income you receive each month is more than enough to cover your expenses, including your mortgage payments. Essentially, your tenant is actually the one paying your mortgage. That is why it is important to keep your tenants happy and avoid or mitigate the negative repercussions of vacancy at all cost.
Real Estate Appreciation
If you already are in real estate investment or are just starting out, you do understand that real estate is not a short term investment plan. On the contrary, the benefits of investing in real estate include the appreciation of capital assets (aka land) over time. In other words, your property’s value will be worth way more 30 years from now, hence why investors are in it for the long run.
Inflation
One of the benefits of investing in real estate is a hedge against inflation. With high inflation, your rental income and property value increase significantly. Real estate investors welcome inflation with open arms because as the cost of living goes up, so does their cash flow.
You Are Your Own Decision Maker
Forget about your 9-5 boring job, the best part about real estate is becoming your own boss. Just like any other business, you have the complete autonomy and control over your real estate investment strategies as well as your failures and successes. You call the shots on which property to invest in, the tenants who will live under your roof, how much rental income to charge per month, and who will manage and maintain the property as a whole. The benefits of investing in real estate make you your own decision maker.
Top to bottom photos: 1) Iloilo Convention Center and Richmonde Hotel Iloilo, Marriott Courtyard Hotel present site update located at the commercial district area, Megaworld Boulevard overlooking the commercial district, Festive Walk Parade present site update, ongoing construction site for Festive Walk Parade phase 2, and a view of the latest site update for One Madison Place and Lafayette Park Square
Your investment dream is now a reality at Iloilo Business Park located in Mandurriao District in Iloilo City. Invest for a commercial lot property in its 9.2 hectare Boutique Hotel and Commercial District in the southern part of the township. Here, investors and property owners can build their own business ranging from boutique hotels, restaurants, offices and many other business ventures that would blend with the vibrancy of Iloilo Business Park. Presently, 80% of commercial lots are already sold-out to major financial institutions and banks that will build their own regional offices in the near future. The commercial district is envisioned to be established as the next Central Business District (CBD) very soon. Aside from commercial lots, you can also invest in condominiums that will rise in the township such as One Madison Place (set for late 2017 completion), Lafayette Park Square (2018 completion), the 22-storey The Palladium, Parisian-inspired Saint Honore and Saint Dominique. When you own a condo in this modern community, it will give you great pleasure since it is located near the bustling commercial destinations, a few steps away from the Festive Walk Parade and Mall, classy hotels such as Richmonde Hotel Iloilo and soon-to-open Marriott Courtyard Hotel.
It’s the best time to invest for a real estate property in Iloilo City, a rising metropolis hailed as one of the most livable cities in the Philippines. The best way to start considering a great investment is in Iloilo Business Park. For information and lifestyle inquiries, call (033) 330-3464 or visit IBP Sales and Information Center. Our social media link is www.facebook.com/IBPofficial.
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