Make Inflation Your Bestie With The Right Rental Property To Buy. 2022.
Not long ago, looking for a rental property to buy seemed easy as breathing.Rates were at the lowest point in the history of all time at 3.5% for investors. It’s easy for us to feel like there has been a massive increase when you look at today’s investors’ rates being close to 6%. Historically, 6% is considered super low.
So even during the recent rise in rates, if you find yourself clamoring to find a rental property to buy before the rates rise another penny, take a breath. There is no need. Yes, you find there are waiting for lines and supply chain challenges, rising interest rates, and inflation too! But that’s where it gets so good. Inflation becomes your best friend when you own a rental property.
The most common reason people hesitate to invest in their future by getting a rental property to buy in the end comes down to focusing on the INITIAL cash flow side of a rental property. This miscalculation leads millions to suffer a financially unhealthy retirement.
Imagine that the rates rise up to 10% but you have a profession already paying for the daily current needs of life, so finding the right rental property to buy is still a no-brainer. In fact, buying as many rental properties as possible is a very savvy decision for you. Because the fact that these properties are financed with a 30-year fixed-rate loan, the payments of the loan will never change with inflation while everything else will, including the rents.
Adiel Gorel has seen inflation become the investor's best friend thousand of times over three decades with investors and with his own personal investments in the right rental property to buy.
Today, the initial cash flow may be negative. Tomorrow, which could be a year or two, whatever it is, it will get to break even because the rents do keep up with inflation, but the mortgage doesn't. It’s fixed.
Contact Us At: https://icgre.com
Search
Read the Text Version
- 1 - 8
Pages: