Finding Financial Freedom in Your Home’s Equity
Imagine you had invested in a couple of rental properties a few years ago. Imagine not having to do the 9-5 thing until you’re 65 years old. Imagine attaining financial freedom from being able to live off of passive income and having an abundance of equity at your disposal.
I have some amazing news for you. If you currently own your home, you are likely in a position to realize this dream. Most home owners are sitting on the equity in their homes and not properly leveraging it to invest wisely.
Few successful real estate investors started out with the upfront cash to purchase their first or subsequent investment properties. They leveraged their assets to buy more assets. You too can join the ranks of many of our investor clients and become a savvy real estate investor simply by using the equity in your home as a downpayment on a rental property.
At first, the rental income will be used to pay off expenses like a mortgage, repairs and property taxes. Over time, as rent increases and the mortgage is paid down the rental income will begin to become passive income paid directly to you. Secondly you now have another asset from which to pull equity and purchase another investment property or you may choose to sell it outright and bank the appreciation.
In all likelihood, home prices will continue to soar over the coming decades. With immigration set to increase and mortgage rates predicted to remain low, we foresee property values continuing on an upward trajectory for the foreseeable future. Should that be the case you would be well advised to purchase an investment property now to accumulate rental income and hold on to that investment until it’s time to leverage it for another investment property or until it has appreciated to the point where you’ve made a handsome profit and wish to sell it.
Now that you have decided to build a real estate empire, what’s next? Give our team a call. Real estate investing is one of our main areas of expertise. We have been personally investing in real estate for decades and have many past and present clients who we regularly represent in acquisitions and disposals of real estate holdings. We are more than well equipped to advise our clients on how to effectively build a real estate investment portfolio and attain financial freedom.
There are Great Opportunities in All Price Ranges
If you have been dreaming of adding real estate to your investment portfolio, we encourage you to contact us today. We find great opportunities in all price ranges and would be honoured to share our knowledge with you, answer all your questions and help you get started.
There are lots of fantastic real estate investment opportunities out there...let us help you build your wealth by owning some! Contact us today to learn more!
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