With a recession and a pandemic looming into every aspect of everyday life, you may feel it’s a bad time to invest your money. Many Americans fear the chance of another recession. Yet, landlords and turnkey rental companies have reported positive numbers amid everything going on. So, why is it that they are seeing success and what does that have to do with you?
Real Estate Buzz
COVID-19 has many Americans realizing that they need more space at home if they’re going to be spending more time inside than before. Office spaces, gym spaces, and room for school are just some of the pressing concerns. Yet, many cannot afford the type of homes they need. Rental companies are able to purchase these homes and rent them to the same people who would want to buy them, offering the lifestyle they desire but at a lower price.
Investment Options
Investing in stocks is a very common way to distribute your money, but there are less risky investments that can produce high returns. If you’re not sure whether the real estate market is the best option, here are some reasons why it may be a great investment for you!
- Passive Income: With real estate, because you are charging rent every month you are earning money directly to your account every month. This gives consistent cash flow into your account.
- Appreciation: Unlike many products, real estate appreciates over time. Rent prices increase over time which leads to higher cash flow for investors.
- Tax Deductions: When filing your taxes you may be able to offset some of your income and reduce your overall taxes when you’re invested in real estate.
So whether you’re looking to diversify your portfolio or start investing today, real estate provides benefits for all types of investors. And the best part about purchasing a turnkey property? It’s easy to obtain with the help of WisoTurnkey where our process is easy to understand and you can start earning money immediately.
