“Don’t wait to buy real estate. Buy real estate and wait.”
– Will Rogers
Business life means pursuing what you love and enjoying what you do. Despite the challenges in your way, when you are rooting from your passion, you will not easily quit. Instead, you will find all possible means to conquer the obstacles and win your success.
As an entrepreneur, one of your goals is to have financial freedom and success in your profession. If you are thinking where you should put your assets, time and energy, you may consider the domain of real estate investing.
Why real estate investing now?
When the COVID-19 pandemic hit the global community, a lot of economic predictions did not come true. Prices of electronic, digital, medical and hygienic products soar high due to the increasing demand. On the contrary, the market situation becomes challenging to the leisure and tourism industry, as the mobility of people is still regulated by the government. These sudden changes in the demand and supply of products and commodities has triggered the rise of inflation rate in most countries.
As you cope up with the uncertainties brought by the pandemic, it is important to have financial savings. However, tangible assets such as money and property depreciate as time goes by, especially when there is an increasing inflation rate. For this reason, keeping cash may not be the most ideal option because it easily depreciates in value. Here are the top reasons on why you should consider real estate investing:
1 – Appreciation of value
As with other businesses, the real estate market is also affected by various factors in the economy. However, unlike any other commodities, real estate has a higher chance to increase in value. To illustrate, a land appreciates in value because it is not a product that you can largely produce. Further, the value of the land also increases when its surrounding environment becomes industrialized and developed.
Other immovable properties such as houses can also appreciate in value. As a real estate investor, you can make necessary improvements so you may sell the subject house for a better price. You may engage in flipping houses, wholesaling, or doing renovations and repairs in strategizing this option.
2 – Various strategies to choose from
As a real estate investor, your journey will not be routinary because there are different real estate strategies that you can learn. You can try and explore different techniques and strategies in entering deals and contracts. Real Estate IQ may also help you to have a continuous source of training and webinars where we discuss important matters and trends on real estate investing.
3 – Great sources of passive income
Passive income is necessary especially in times of unexpected events. If you have passive income, you may have a source of savings that you can use in times of need. In real estate investing, passive income takes place in various forms. You can engage in leasing properties and receive regular rents based on your agreement with the client. You can also enter into partnerships or invest from other companies. Other investing strategies such as buy-and-hold and flipping houses are also good sources of income.
Life is full of surprises and uncertainties; but when you are prepared, you can definitely overcome the challenges and trials in your way. Having a stable source of income is one of the practical realities that can help you in real estate investing.
If you are looking for passive investment, click here and invest with us.
Joseph Dela Cruz has a background in Mechatronics Engineering and started his career in the high-tech industry in Austin, focusing on computer vision while becoming involved in the growing DIY/ maker and startup culture. His achievement includes bringing innovation in Real Estate IQ by combining technology, big data, and real estate; managing the Data Operations and Engineering team; and REIQ’S Austin & San Antonio Market Leader
The blog articles are intended for educational and informational purposes only. Nothing in the content is intended as legal or financial advice.