Pros and Cons of a Real Estate Investment Property
Andrew Carnegie, a billionaire industrialist, once said that real estate was the primary source of wealth for over 90% of millionaires. According to a report by The Real Deal, real estate investors have been earning an ROI of 8% with single-family rentals (SRFs). However, despite the advantages of wealth generation, portfolio diversification, and tax benefits, real estate is not the best option for everyone. Keep reading to learn the pros and cons of investing in real estate.
Pros of Real Estate Investment Property
There are many reasons to invest in real estate. Some of them are as follows: