03/20/2024
Real Estate is a proven and stable investment that everyone should seek to have as part of their financial portfolio. Primary residence, second home, and/or investment property.
Data (see chart) going back over 80 years shows only two short periods of decline in real estate with every other year showing modest to significant increases in value.
You build wealth through the "forced savings" of amortization as well as the proven track record of appreciation over time.
You can buy a primary residence, often with little down, and start building equity for yourself rather than your landlord, or consider buying an investment property and become a landlord yourself.
How about a 2-4 unit property and you live in one unit while renting out the others with as little as 3.5-5% down?
Getting into real estate begins with understanding your local market (real estate pro) and exploring your financing options (mortgage pro). Leveraging professional advice can smooth your path to homeownership.
My team is here to help!