Go Places Living, Your Property Partner
Real Estate is currently in a time frame we would like to call favorable especially in the Kenyan market as it has more benefits on stocks, mutual fund or bonds. Too often are the times we miss the gap. Investment is long term as the value of the property appreciates with time. So, when it comes to investing in real estate here in Kenya, the second-best time to buy – other than when markets are down – is the time whenever one thinks of real estate from an investment option. That is the right time. Favorable market conditions for buying / investing in real estate are what any wise investor looks for to make the right investment decision.
Most people hope for better jobs, making more money, traveling the world and so much more that we forget putting money in Real Estate can yield a far much great reward that will appreciate every new decade. It is a strategy for building wealth for the future.
With that said, it all down’s to why then should I invest?
Here Are 4 Reasons Why
It Appreciates In Worth and In Wealth
The National Association of Realtors reports a 6% appreciation in worth level per year. This means it has a foreseeable cashflow. A well planned real estate in Kenya should make available a 6% or greater cash flow after mortgage payments and operating expenses have been done.
Leverage Is Applicable
It is probable to use borrowed capital to upsurge the budding return of an investment. In Kenya, a mortgage is used to decrease the amount of investor capital essential to purchase a property hence leverage.
Real Estate Is Depreciable
Depreciation is a non-cash expense that disparages the worth of the investment property over time. The interesting bit is property appreciates therefore the depreciation deduction allows an investor to generate larger positive cash flows while reporting a lower income for tax purposes.
It Provides Equity Stockpile
Most people in Kenya purchase property with a down payment with the balance through debt financing. The principal amount is then paid gradually more hastily towards the end of amortization period – which is not such a bad thing. Quite the strategy of paying off debt without much pressure. Think about it!
In Summary, no other option other than real estate provides the best long-run investment over the course of modern history. When it comes to asset classes, real estate has always been a good bet – be it for regular income in the form of rentals, or appreciation in capital value. Real Estate should be a future- oriented aspect.
So, the choice to invest or buy real estate sounds quite rational, in the long run!
To Advertise Your Property / Looking For A Commercial Or Residential Property To Buy Or To Rent?
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