Real estate is known as a stable and consistent investment. Housing is a basic need. Rental homes are always in demand, but with the low vacancy rates in Colorado Springs right now, rental properties are at a premium. You can count on your home being rented immediately and consistently if you are with a good property management company.
And don’t let the thought of being a landlord stop you from buying. You can still make a steady income from the rental property while someone else manages it.
The stock market can give you good returns, too, but is very volatile. The real state always goes up.
Here are 7 reasons why real estate is a good investment.