Gettin' Real: A Real Estate BlogGettin' Real: A Real Estate Blog


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Gettin' Real: A Real Estate Blog

Many people say they don't really feel like an adult until they buy their first home. It is a huge step. Rather than letting a landlord make all important repairs, you take on this responsibility yourself. You also get to build equity in the home over time, which can be a rather smart investment. At the same time, buying your first home can be a little intimidating. You may have questions about applying for a mortgage, setting a budget, and shopping efficiently. We hope to answer those questions with our helpful content. Your real estate agent is a good source of information, and so is this blog.

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Latest Posts

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3 Reasons You Should Invest In Commercial Real Estate

Most people want to make wise financial investments so their wealth can grow. If you are in the financial position to do so, investing in real estate is often highly recommended. Historically, real estate appreciates in value, providing a good return on investment. While some people prefer investing in residential real estate, opting to invest in commercial real estate instead can be very lucrative in the long term. Before you begin moving forward with any plans to invest in commercial real estate, make sure that you hire a highly experienced real estate agent to assist you. Some of the top reasons to invest in commercial real estate include:

High Rate of Appreciation

When it comes to investments, real estate is always a good bet. Real estate typically appreciates in value year after year, and investing in real estate is usually safer than other investments, such as stocks. One of the reasons to opt to invest in commercial real estate instead of residential real estate is the fact that commercial real estate tends to appreciate at a much faster rate. That means that after several years of owning property, you are more likely to make a bigger profit when you sell if you own commercial real estate compared to residential real estate.

Reliable Income Stream

When you own commercial real estate, you can count on a reliable income stream while you own the property and watch it gain in value. You will have the ability to rent out your commercial space to tenants, and if your property is in a good location, you can set the monthly lease price high. In most cases, the lease payments that you receive will cover most or all of your costs, and in some cases you can also make a profit. Commercial leases typically last for years, so you won't have to worry about finding new tenants for your commercial space.

An Investment With Tax Benefits

Investing is important if you want to increase your net worth, but most investments do not provide any tax benefits. However, investing in commercial real estate is one of the few investments that actually come with tax advantages. When you own commercial real estate, you will be able to write off the interest on the mortgage, which can make a big difference when it comes to your tax liability. Just make sure that you work with a good accountant when doing your taxes.