Just finished college and started a job with handsome salary? What is it you are going to do next. Probably buying a nice car and a home of your own. But have you ever thought of making an investment at this age? While most of us think that it is really risky to make a property investment at this age, it can be a great way to improve your investment portfolio at a later stage.Given below are few reasons why your first property should be used as an investment:
Ample Opportunity- Now is always the right time to start. At present, you have ample opportunity to invest in real estate. The market trends are going upwards. In the future, things are going to change only for the better. Builders are also coming up with discounts to make property investment easier for the first time home buyers. You never know whether you are going to get these discounts and offers in the future. You cannot even be sure about your financial condition later. So now is the right time to invest in real estate.
You are Young- When you are young, the time is right for doing anything. For living the life the way you want, for making mistakes and learning from them. You can utilize this young time of yours in building a life and securing your future. As life grows, so do your obligations towards yourself and your loved ones. Hence, it is really advisable to invest in a young age.
Rental Returns- Since you have just crossed your college life and hostel living, you are still used to living in a crappy apartment. So spend some more time like that. Invest in property and let it out on rent. And enjoy regular rental income from that property.
Real Estate is Less Risky- Real Estate is one investment that only goes upwards. Since it is the least risky and also currently enjoys good offers and discounts, real estate can be the planks to row the boat of your investment portfolio towards success.
As soon as you start with your first job, start planning for a real estate investment. Buy your first home as an investment. Else your future self would wish you did!
Read More About…. All You Need to Know about Investing at a Young Age