Disrupt Magazine | Jun 4, 2024
Real estate is one of the best long-term investments for building wealth and generating passive income. Rental properties can provide steady cash flow while the property appreciates in value over time.
Forbes stated, “Appreciation, or the rising of home prices over time, is how the majority of wealth is built in real estate. This is the “home run” you hear of when people make a large windfall of money. While prices fluctuate, over the long run real estate values have always gone up, always, and there is no reason to think that is going to change.
However, to accurately assess the profitability and return on a rental property investment, it’s important to look beyond just the purchase price and rental income. Calculating the true return on investment (ROI) requires a thorough analysis of all the costs and benefits.