Reasons why you’re First Home Should Be an Investment Property
If you are planning on buying a new home or the very first home from your very own money, halt there! And listen to us. We suggest you make it your investment!
There can be nothing better than investing your money on a property, that too on your very first property. Getting into the real estate world can be a little intimidating but put your trust on us and put the money forward. In the long run you will be swimming in the pool of profits.
Here is a bunch of reasons why we think you should invest on a property a plunge into the world of real estate investment right when you are young.
Real Estate is Affordable:
According to recent researches by the professionals, it has been found out that real estate investment is very much affordable. A research says that home prices are on the pretty much high but there are many real estate markets that give bargain options to potential buyers in the form of distressed sales. The distressed sales are basically houses or other properties that have been foreclosed which a particular bank is willing to sell at a loss to clear its book. A distressed house usually cuts down the coast of its surrounding properties as well.
The market is full of distressed homes and getting one can let you have your property in a lesser price than the market.
One of the many benefits to invest in Bahria town Karachi because it works with Haroon Estate .they both are providing there customers a standard of living with all the comfort at the doorstep. The risk of loss is reduced by the time duration you hold on to the property you have invested on. It goes in a systematic sync with the market. When the market is down you can still hold on to your property and wait for it to revert back so that the value of your property increases again. You have a greater control over your investment in real estate.
However, some amazing projects such as Bahria Paradise Karachi which guarantees higher value.
Real Estate Comes With Great Tax Benefits
In real estate investment, you can get tax deductions on mortgage interest, on the operating expenses, the costs, the cash flow from the investment properties, taxes on property, insurance and depreciation and so many other similar benefits.