AMIT GAMBHIR
Investment in real estate is one of the big decisions in life. Creating multiple assets that can give you financial freedom is a must especially when you are living here in Silicon Valley or surrounding neighborhood.
When you glance through Silicon Valley, IT industry has taken over and with that real estate market boomed as well. Over the last five years market, has gained at least 20 per cent equity in homes.
So whenever I, as a professional realtor, meet a client and the question they have to me is that “Is it a good time to invest”? my answer is yes, investing in real estate is always a good decision when you compare it with investing in stocks or bonds. You cannot feel stocks and bonds but real estate is something you can feel and keep it close to yourself and nonetheless it can double your money invested within five to 10 yrs.
To own multiple assets, there are different options that you consider in real estate. For example, you can rent or hold, flip from auction, or become a builder. Single family, townhomes or condos are great examples to invest for a first time investor. Residential income properties such as duplex, triplex and fourplex are great for experienced investors who can work with multiple tenants, are looking for positive cash flow and are really good for long term no matter what the market is going through.
The other main key for investors to keep in mind is to keep your asset close to yourself and also use property management to protect them from legal law suits. Investing out of state can create lot of hassle and understanding the law and nature of the market for that particular area can waste a lot of time and energy. For current home owners who are looking to invest, by cashing their equity through refinance is a great option because equity through refinance is tax exempt. So look no further. With these great points you can become a long term investor and make the right decision to protect your assets as well.
Thank You For Your Vote!
Sorry You have Already Voted!
