Spring is here! As a time of renewal and growth, this is a perfect time to learn something new about what you’re passionate about. Since most investors have an area of real estate that they specialize in, knowledge of other sectors of real estate might be a bit fuzzy. Since real estate investing is a highly diversified field, learning about other branches may be a bit intimidating, especially for those who are just getting started.

While there are many different types of real estate, all with their own distinct benefits, we will be looking at residential real estate in particular in this newsletter. Take a look below to learn more about just lucrative residential real estate can be:

The Cash Flows in Abundance

In the spring, you watch in awe as flowers bloom and trees grow fuller and greener. What if we told you that you can do the same with your investment portfolio when you choose real estate? That’s because unlike other investment options, real estate is very rarely ever static, especially when you are attending to properties yourself. You will always be collecting rent and other fees from tenants.

Sure, things may break or fall into disrepair at times, but there is always a way to come back in full bloom: you might offer new amenities or revamp an older building, for example. These things offer strong ROI, which gets money flowing right back into your pocket.

The Tax Perks!

April means the wrapping up of tax season in both the U.S. and Canada (the 15th and 30th, respectively). Therefore, it only makes sense to talk about the many tax benefits that real estate investments can reap. Perhaps most notably, those little repairs that you make throughout the year, the ones that don’t seem to cost so much at first glance but quickly add up? You can claim these on your taxes under a category called depreciation deductions.

To Conclude: Real Estate Investments Can Blossom Your Portfolio

For those new to the investment game, the realm of real estate may seem a little intimidating at first. The good news is that real estate is hailed as the type of investment that pays for itself with time. You put in some work and money into one property, nurture it, and find yourself able to repeat that process on another. It may take some patience to see results, just as it takes patience to wait for that last snow to melt in the spring. But when it does, you know that a good season of warmth and growth is ahead.

So good luck, and happy investing!

Jacky

A LAUGH OR TWO FOR GOOD MEASURE

HELPFUL LIFE HACK #2

WHY INVEST IN REAL ESTATE?

Long-Term Security

Real estate is a long-term investment, meaning you can hold it for several years as you wait for it to appreciate.
At the same time, if you rent out your real estate you can earn monthly income while you wait for your property’s value to rise.