Real estate has always been one of the main sources of passive income for the Canadians. Over the years it has been the most lucrative sources to build long term wealth. With well-chosen properties, investors can enjoy consistent cash flow, good yields and tax benefits.
Are you familiar with real estate perks and why real estate is considered a smart investment? Real estate has several distinct advantages that make it an attractive option for investors.
- A real estate investor earn money through rental profits, appreciation, and profits generated by business activities that depend on the property.
- The benefits of investing in real estate include passive income, stable cash flow, tax advantages, diversification, and leverage.
- Real estate investment trusts (REITs) offer a way to invest in real estate without having to own, operate, or finance properties.