Over time, real estate investing is the best way to watch your money grow, and the rewards far outweigh the risks. Nothing is certain, of course, but here are some things to consider:
- As the economy improves, employment rates increase and housing demand follows suit
- Rental demand is showing unprecedented growth, and is expected to continue for the significant future
- Interest rates are still near historic lows, and will eventually rise, sparking a huge demand
- Waiting to get into the game will cost you in lost opportunity gains, in all of these price categories
All these factors point to rising residential income property prices in the near future. As the old saying goes: “Now is a great time to buy”. This applies to income property extremely well.