Buying real estate is investing

Investing means placing your money in an asset for profit.  Real estate can be such an asset, but make sure you do your research prior to making the step. 

Real estate investing has a wide range of applications, from single family homes and condominiums to multiple unit buildings and land development.  For each there are advantages and disadvantages, specific regulations and by-laws and they all require knowledge, time and funds for maintenance and improvement. 

Accessibility is also determined by the amount of down-payment you have available and by your ability to sustain the property financially (mortgage, repairs, improvements and upgrades). 

Different rules  also apply to financing based on the type of property you intend to purchase, and down-payment required can vary from 5% to 100%, so make sure you know what you can afford before starting the search.

Real estate is considered a hedge against inflation.  Historically real estate values have by far exceeded the increase in wages and affordability is becoming an issue, as a larger portion of the income is required to cover the expense. 

A great advantage of real estate investing is building equity while satisfying the basic need of lodging.  Equity is the value of your property minus the debt owed on the property.  The equity can be used to acquire additional investments, which further build equity, which further builds wealth.   

Depending on the use and type of the property, interest may be tax deductible in whole or in part and capital gains can be exempt from taxation in whole or in part. 

So there is a bit more to it than just the gorgeous view you get from your bedroom window, and you can still enjoy the view while expanding the opportunities your investment has generated.

The Dicasi team and network can help you achieve your goals.