Why Real Estate is More Tangible than Other Investments
One thing we have all heard over and over in the last downturn from wealth managers was to diversify, diversify. Our clients who are investing now are making a good decision. According to a recent report by Inman, 27% of those polled feel that real estate is the best way to invest money and should not be overlooked. Compared to other investments that might offer little control, real estate, specifically single-family rentals, can put you in the driver’s seat. Not only do they generate a fiscal return but they create the positive feeling of investing in a neighborhood and providing quality housing options. "Like any investment, real estate carries risk, but it can offer a host of economic benefits including tax advantages, asset appreciation and perhaps most important, the opportunity to leverage debt through a hard asset to create income."