Is now the time to buy Investment Properties? Yes.
There are so many benefits to having rental properties. In our country, millennials make up the largest share of homebuyers and since 2020, residential real estate has been quickly bouncing back. So now is the time to invest in your wealth - buy a rental property, here's why...
5 Key Reasons To Invest In Rental Property
1. Provides Cash Flow
Many people purchase rental property simply because it’s a passive income source – you can make money on the side and it can be very low maintenance.
2. You Get Tax Benefits
When you have property, you get a lot of perks at tax time. The perks include depreciation deductions, homeowner deductions, and mortgage interest deductions, just to name a few.
3. Allows a Diversification of investments
You have opportunities to invest in different real estate markets and different housing markets. If you have money invested in the stock market, owning rental properties allows you to diversify your portfolio.
4. Gives You The Flexibility to Sell At The Right Time
You can hold onto the property until it’s the best time to sell it so you get the most money for your property.
5. You Can Pay Down Your Mortgage
You can pay down your mortgage while you collect rent. Once your mortgage is paid off, you’ll have more income to do with as you choose which could include investing in more properties.
If you’re interested in investing in rental property, reach out to me. Let me be your trusted advisor, I’ll use my resources to help you make the best investment based on your preferences.
While you’re focusing on investing, it’s also time to invest in your health. Here are five ways to invest in your health.
5 Smart Ways To Invest In Your Health
Eat Wisely & Practice Moderation
Eating wisely involves paying attention to what you’re eating. It also may include planning your meals, planning your snacks, planning your eating time, and reading food labels. Discover the food you love that nourishes your body and then practice moderation. If you practice moderation, then you don’t have to think of food as bad or off limits and when you consider the portion sizes of your favorite foods, it helps you eat in moderation.
Get Regular Exercise
Getting regular exercise helps you manage your weight, it helps reduce the onset of some diseases, and it also helps make your muscles, bones, and joints stronger.
Get Enough Sleep
When we get enough sleep, our bodies can function as they were created to function. Good sleep has benefits too; good sleep helps us eat fewer calories, helps us concentrate during the day, and helps us be more productive. Good sleep also increase athletic performance and lowers the risk of heart disease.
Volunteering allows us to connect and engage with the community. It helps us learn new skills and increase our compassion. For most people, donating and volunteering gives them a happy feeling on the inside.
Everybody needs healthy relationships. Friendships affect our mental wellness and our happiness. Having positive relationships with others helps build confidence, encourages healthy behaviors, and helps motivate us to be our best.
I hope this was helpful. If you know anyone who may need my assistance, please help them by referring them to me, so I can help them. If you know anyone who would benefit from this post, please forward it to them. If you have any questions or comments, please leave them below.
Your Nashville Lifestyle Agent…