What I Love About Guelph Real Estate
What do I love about real estate?
Well I’m glad you asked.
First off, I love that when I sell my house, I get everything. Nothing is taxed. Think about that? If your real estate property goes up 100k in value, you get every penny, not one cent goes to tax.
How long will it take you to save 100k, a long time right? So I can do that in my home, improve where I live, play, have fun, play with my kids, watch movies….essentially where I spend most of my time.
Don’t get me wrong, my house is my home, it just happens to be one of the most productive investment vehicles I own!
That’s just the tax free part, think about how much more your real estate can make you this way:
If I invest 100k dollars in stock, and it goes up 5% in one year(about on par with the current appreciation of Guelph real estate), I make 5k (taxed).
Now if I put 100k down on a house, I can buy something for 500000(bank requiring 20 % down), and it goes up up 5%, I make 25k dollars. Yes, I make the increase on the TOTAL amount of the real estate, not what I’ve invested!! Amazing right!
Don’t forget either, if its a rental, there are tenants paying down the principal, so there you have another rate of return, and if there’s cash flow after the bills are paid… I think you see where I’m going with this.
It’s not easy to see why I like real estate, its easy to understand why I love it!
If you are looking to maximize your real estate portfolio (or want to start building one), contact me and let’s discuss how to get real estate working for you and your future.
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