As with any investment, there are advantages and disadvantages associated with real estate investing. Some of the more common ones are listed below. In an effort to achieve a positive experience, it is advised to seek professional consul in various aspects involving real estate investing.
PROS
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ability to leverage equity
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creates a legacy for your family
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it’s a tangible asset
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adds diversity to your portfolio
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ability to invest globally
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protection against inflation
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possible tax benefits
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long term value added benefits (cash flow)
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positive impact on communities
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fastest way to build wealth
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supplements or replaces income
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combats job uncertainty
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freedom to do what you want when you want.
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can give you peace of mind
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housing is a commodity-people will always need somewhere to live
CONS
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a level of risk involved
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requires discipline & focus
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requires ongoing education
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economically acute/aware
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must be flexible in shifting markets
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requires access to substantial capital/funding
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can take time to liquidate