The 4 BIG benefits of investing in real estate are:
1) Cash Flow - This is your spendable income after deducting all operating expenses and mortgage payments from rental income received.
2) Loan Amortization - With each mortgage payment you make, your loan balance is reduced and your equity increased.
3) Tax Savings - Investors are allowed to take a depreciation deduction for rental properties. By taking this deduction, the taxable income from the rental property is further reduced.
4) Appreciation - Over time,real estate generally goes up in value.
When combined, these four factors can create a great amount of wealth.
Follow these links to learn more about real estate investing in general, and also about Fresno real estate in particular.
This article may be reprinted if credit is given and all links are kept intact.
Copyright©2005 Empire Real Estate Group, Inc.
About the Author
Andre McFayden is Vice-President of Empire Real Estate Group, Inc. in Fresno, CA
www.empirefresno.com |
