Here are some of the benefits you can expect from your real estate investment:
Your tenants are paying down your mortgage for you and Uncle Sam allows you to depreciate the property on your tax returns, even though it is likely to go up in value over time.
A properly structured deal will ensure that you are putting money in your pocket each and every month that you own your income property.
Real estate is something that you have complete control over. You decide what to buy, who to rent it to, and when to sell. How much say does Apple give you in the next iPhone when you own their stock?
A PLACE TO LIVE
If you purchase a multi-unit property (duplex, triplex or four-plex), you can live in one of the units and rent out the others.
PROVIDE OTHERS WITH A PLACE TO LIVE
It is great to be able to provide other people with a nice place to call home.
There are huge tax benefits to owning income property. You get all the same deductions (mortgage interest, property taxes, closing costs) as someone who owns the home they live in, as well as many more that come along for the ride (depreciation, insurance, maintenance repairs, management fees, etc).