Those of us that want a secure future for ourselves look at various investment options.
In most cases, these take the form of stocks, mutual funds, high interest savings accounts, money market accounts, and CDs.
However, there is a market that is staring us in the face every day that several fail to exploit.
That is the real estate market.
There are several excellent reasons to look to real estate to increase your retirement portfolio.
When we invest in stocks or funds, we receive payment through dived ends.
However, a well-managed house can create a very steady flow of money through rent.
Traditionally, rental income is more consistent and reliable than that of stock dived ends.
The rent amount stays the same or goes up where dived end prices can fluctuate way.
You as the property owner can also minimize the risk to your investment.
Although not always easy, you can evict tenants that do not pay and reclaim money via the courts.
You can also select who you want in the property to begin with further protecting your interests.
Foreign investors can also increase their profit margin when investing in US markets especially when the property prices take on a downward trend and the dollar grows weak.
When buying luxury real estate, for example, where prices of homes are typically over $2,000,000, a slight weakening of the dollar can be a huge discount for foreign investors.
As an investment, real estate remains one of the best investment options available today.
True, there can be challenges, and the market is recently experiencing a downward trend, but the payout is still generally higher and much more consistent than those of the stock market.