Why You Should Invest in Properties ?
Property
investment may seems to require patience and analytical when making decisions.
But, as time goes by the property value may gain with a surprising value. There
is a saying that even when you sleep, you can sleep well knowing your property
investment is not only earning money but increasing your value too. While the
older generations prefer to invest in shop lots or commercial developments, the
younger generation opts for residential property, especially condominiums or
apartments like the Casa Tropicana. Here are some of the reasons why
investors prefer to invest in properties.
Leverage
Property
investment has the flexibility to give you control your investment with small
amount of money that you can borrow money easily from a bank by using property
you are going to purchase as collateral. It may be difficult to borrow money
for starting up new business that does not have track record or proven
experience of business owner. Unless you have a good business plan, most banks
will not lend you money.
You may buy
shares as collateral but share cannot hedge against another share effectively
because the share price movements are parallel, if majority of the share
markets going down, the share that you invested most likely go down. Thus, the
riskiness investing in shares is high and volatile.
Property not only relatively easier to get
financing yet it is also less risky if there’s rental income. For example, if
you have RM10, 000 that serves as your down payment and for the remaining
RM90,000 you can borrow easily from the bank. If your property is leased out
and your monthly rental income is more
than your monthly loan repayment, you should not be worry about. You can go here to check your affordability.
Extra income
Nobody
would say no to extra money especially when you have bought the most profitable
property for investment. Property with good location and obedient renter
usually yield a profitable return on time for you to pay your loan and bills.
You may even have extra balance for yourself after paying all of your bills.Apart from
that, selling your property to earn capital gain gives a handsome extra income.
Imagine the sum that you earn, you could have actually used it for your next
property investment down payment and roll your wealth continuously. When the
price is right, do not hesitate to let go of the property and get your moolah. But,
be aware of the real property gain tax (RPGT), you may check the rates from here.
Basic necessity
Shelter is
one of the basic and vital needs we need in life to protect us and our loved
ones. Imagine you and your loved ones living in Casa Tropicana with beautiful
scenery from the balcony, lovely isn’t it? Besides, everyone needs a home to
rest and live their life and investing in a residential property to lease out
for those who need to reside for work purpose or relocation purpose, you can
either gain rental income or capital gain from your investment.
Hedging inflation
Today you
invest in a property at this price and the following year, the value increased
to a significant amount as property price does not drop drastically over a day
or two. Unlike stock market, though with abundant information to help with
decision making in investment but you will never know what might happen every
second during the trading hours. However, property can be insured and still be
in safe condition, after all, property prices movement is stable and the
movement is measured in years. Besides, it is always good to use property to
hedge against inflation.
Increase net worth
How do you
increase your net worth? Well, by investing certain assets to increase your
personal net worth; assets like property can elevate your personal net worth.
You’ll be either enjoying positive capital gain or receiving rental income,
refer to the earlier on gaining extra income. On the other hand, if you take up
loans that spent on items that do not appreciate over time, like automobile,
not only the depreciation rates are high but there are rarely with returns. The
loans for residential or commercial properties that will appreciate in longer
period can be labeled as good debt. Meanwhile, for cars and credit cards, those
do not generate future value and it is considered as bad debts.
1 Comments
good tips Yana :)
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