When we think of buying our first investment property, it can be super exciting, and we don't always realize the tangible benefits of investing in real estate.
Yahoo! Finance mentions the many benefits when investing in real estate, one of them being appreciation:
Real estate appreciates naturally, and you can also force it. Home renovations and remodeling can improve a property’s value, giving you an even greater return on your investment.
Another good benefit is cash flow:
If you invest in a rental property, you can earn cash flow in addition to any appreciation. You earn cash flow from the rent charged on the property and after you pay the expenses including the mortgage, taxes, insurance, and any…