- You call the shots – There is no fund manager to answer to when you’re a direct real estate investor. You decide on the rental price; you decide on the number of properties to buy; and you decide on who lives in and rents your property.
- Less Taxes – With direct real estate, you can save on taxes bigtime, and keep Taxman’s slick hands out of your pockets. From writing off depreciation to taking a interest tax deduction, there are no shortages of tax breaks linked to direct real estate investing.
- Potentially fatter investment returns – Like any investment, the more money you invest, the more money you can earn. So by putting down 50 lacs on a property, you’ll likely earn more than a REIT investor putting 1 lacs into a real estate investment.
Initial costsare the costs you incur when you go to the closing for the home you are purchasing. This includes the down payment and other fees.Recurring costsare expenses you will have to pay monthly or yearly in owning your home. These include EMI payments, maintenance and renovation costs, property taxes and homeowner’s insurance. Property taxes, the interest …