Monday 29 April 2013

Buying Property Still Means The Best Investment For Your Retirement?

Why at this time in your life would you want to put your hard-earned money into something that is at it's lowest point ever? Doesn't that sound a bit crazy? Here are some points you might like to ponder.

Equity

Real estate investment is a great way to build equity. You can increase your net worth and gain capital with real estate and set yourself up for an easy retirement. Here are some things to consider when looking at making investments for retirement and why real estate could be the way to go.

Build up your retirement portfolio by acquiring real estate property. It takes patience and some research, but real estate will in time appreciate again in value. It may be down right now, but it will go back up. They aren't making land any more, so grab some while you have the funds.

Should something drastic happen such as a major illness for you or your spouse, or a family member needs help, real estate makes great equity to borrow against.

Income

A real estate investment property can make good monthly income too as a rental investment. Buy at a low price now while the market is down, put a little elbow grease into repairs and renovations, then rent it out. There are many people who have lost their homes in this recessive economy and rental accommodation is in demand.

For you, it's a regular income each month and with a good property and the right tenants, it won't take much effort or work. There are competent property managers who can look after the property and keep it tenanted for you for a small fee.

With this investment and it's return, upon retirement you won't have the shock of not having something coming in on a regular basis. Not having a regular income is one thing that worries retirees.

Property Flipping

So you like the idea of buying property and turning a profit, but you don't want the hassle of being a landlord? There are still ways to invest in real estate and not have to get in the rental game.

Buy low, tidy the property up a bit and then sell it high. Buying foreclosures is a hot commodity right now in the real estate industry. You can still buy great realty in good areas for "pennies on the dollar" and then clean them up, fix and renovate them if needed and put them right back on the market. You'll still be able to offer to sell below market valuation and make a tidy profit to add to that retirement nest egg.

When eventually you retire, with very little effort you can still be productive, make some money and fatten up that nest egg by buying, renting and selling properties!

Piyush Group is one of the leading real estate company in india. Piyush Group is involved in development of Integrated Township, Group Housing Projects, Commercial Mall

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