Top 5 reasons (By Sanya Rambally Conklin) why investing in real estate is profitable

Investing in real estate in Canada is still a good alternative to make your capital profitable. It is a safe and convenient type of investment that allows you to increase the value of your acquisition in the long term.

The resilience capacity of the real estate industry in the face of crises is one of the reasons that make the sector attractive. Therefore, many people rely on this type of investment to protect their wealth.

Have you decided to invest in real estate, but don't know where to start? Here you will find some keys points by Sanya Rambally Conklin that you should consider before making such an important transaction.

Let's talk about investing in real estate

Investing in real estate represents one of the best havens for your money. Confidence in the industry is primarily due to the investment generating tangible value and competitive performance. But these are not the only advantages.

Before diving into other benefits of investing in real estate, you should know an interesting fact. And, the real estate market is projected to remain stable and attractive for much longer.

Only in 2019 the price of real estate for residential use in the country experienced an increase of 8.4%.

That means that investing in the purchase of real estate translates into an advantageous option at the equity level. Above all, if you are looking to protect your money against inflation, whose closing for 2020 is projected at 4% per year.

Here are five key reasons why investing in real estate is a good idea.

1. Investing in real estate is more convenient than saving

The returns offered by products such as savings accounts are not high and grow at a slow rate. This makes the return on saving money in the bank less profitable.

Meanwhile, investing in real estate generates a return above the level of inflation. What shields your investment from the effects of indicators that negatively influence different sectors of the economy.

2. You can take advantage of auction and pre-sale prices

Buying a property in pre-sale or at auction price is a golden opportunity that you should not stop taking advantage of. The main advantage is the preferential price in the case of the pre-sale, since the house is not finished in this modality.

In auction cases, buyers are attracted with a price below the market average. This opens up a great opportunity to access a more competitive offer for the property.

The truth is that, in both stages, the greatest benefit translates into savings of several thousand pesos. But, to achieve an advantageous purchase during these stages, make sure that the opportunity guarantees the following aspects:

·         Payment facilities

·         Good reputation of the seller or real estate group

·         Documentation in order

·         Excellent location, security and a good size of the property

·         Goodwill and amenities

3. You don't need to be a real estate expert

Another reason that leads many to invest in real estate is that they do not need to be experts in the real estate industry. However, it is advisable to seek advice from professionals to ensure a better negotiation.

A real estate consultant can also help you understand legal issues that you may not be familiar with. In addition, it will enable you to achieve both a better tax-free cash flow, and a reduction in taxes.

4. Currencies devalue properties do not

The value of local currencies is usually after times of crisis and economic uncertainty. Instead, real estate can be appraised and revalued in dollars.

Real estate is one of the economic sectors that least react to the ups and downs of local currencies. For that reason, your capital is more secure invested in a property.

5. You can rent or sell as a convenience when investing in real estate

We can say that by investing in real estate you earn twice. Not only do you have a stable equity value, owning a property also allows you to earn additional income.

How to invest in real estate and potential my capital

If you wish you can use your property to rent. This option would add a fixed amount of money to your bank account each month. On the other hand, you have the alternative of selling the property as a convenience.

Many investors buy a property, rebuild or remodel it, and sell it. In this way, they manage to make the investment profitable and gain the opportunity to increase their assets.

Conclusions

Investing in real estate is, without a doubt, one of the options that can give you the best financial returns. Investors can be confident in adding value to their personal wealth without facing increased risk.

 Real estate represents a more secure and stable investment in difficult times. While local currencies plummet during crises, properties strengthen their capital gains or maintain value over time.

These investments also make you benefit from so-called passive income. Those for which you use minimal effort and receive on a regular basis, for example, the rental or rental of a property.

As you can see, investing in real estate is quite simple and does not require you to be an expert in the area. However, the advice of real estate professionals (Sanya Rambally Conklin) will help you get a better business opportunity in the market.

At Looking for a House Sanya Conklin offer you all the advice you need to protect and make your capital profitable. Contact our team of experts and receive support to successfully negotiate the purchase of your next property.