Flipping houses and Wholesaling might be fun, but the best investment is a Rental Property. Below you will find the 12 reasons why rental properties are the best investment.
- You can purchase it using leverage
- You do not need to have 100% of a properties purchase price on hand to be able to buy it.
- It allows the ability to hustle for greater returns.
- You can do the work and rehab a property, leverage networking skills to raise money, or use knowledge to find better deals.
- You can manage the investment directly.
- It’s up to you to analyze the property before you buy it, and that it’s in good condition. Therefore, you can ensure its the best investment for you.
- People always need a place to live.
- The demand for rental properties will never end. Overtime, rentals have become more popular than purchasing houses.
- It works for millions of people.
- There are tons of successful investors. According to a joint survey produced by BiggerPockets and Memphis Invest in 2012, “one out of eight, or 28.1 million Americans, either consider themselves to be residential real estate investors or own residential investment properties today.”
- It’s (fairly) stable and predictable.
- There are some events like the market crash in 2007 that could happen, but most rental property owners investing for long-term gains didn’t suffer. Owners can see trends in the real estate market and prepare for any major changes.
- It offers incredible variety.
- You can invest in single-family houses, small multifamily properties, large multifamily apartments, office buildings, high end, low end, Section 8, transient, and any of a number of other options.
- It’s simple and straightforward.
- There are many resources to help in your investment journey. Your best resource is PPM, who can give the knowledge to make the process as simple as possible.
- You can buy below market value.
- You can shop for a great deal and get properties for lower prices!
- Insider trading is legal.
- If you have knowledge of something happening in an area, you can purchase or sell properties to benefit your investments.
- There are multiple ways to profit.
- Cash flow, Appreciation, The loan pay down & The tax benefits
- You don’t have to be present to make money.
- A property management company like PPM can take over the responsibilities so you don’t have to. You will make money whether you are out and about or lying in bed.
Overall, there are many benefits to investing in rental properties. If you already have one or are looking to invest, call PPM and we can help you out!
