Very often Real Estate Income properties appear not to be an option that many people want to consider as a means to supplement their retirement. For lots of reasons, I would agree. It may not be for everyone, however for those of you who have had some related experience, it can be an excellent alternative. To begin with, a sound Real Estate Investment can produce significantly higher returns than traditional investments. Another advantage is the ability to get a tax deduction called a depreciation on your Federal Tax return. This is not available to you on your personal residence. Truly the biggest advantage comes in the form of cash flow. That is the amount of monthly rental income that exceeds your expenses. A sound real estate investment in a good area should be able to return you an 8% return on your investment. In fact, it could be higher should you be willing and capable of managing the property yourself. Without prior experience, I wouldn’t recommend you jump in without sound advice from people who do this everyday for a living. It should certainly be something to at least look into and consider. Good Luck!
