Quote:
Originally Posted by TboneS54
Real property investments provide multiple benefits, not just profit from rents.
Appreciation
Tax shelter (business)
Increased equity through loan principal repayment (greater farther into the loan ofc)
And flexibility. God forbid, but you have another house you could move to if needed. Also an ATM that be tapped into (HELOC) for other investments, emergency, improvements.
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I have yet to find a bank that will give me a HELOC for my rental. If you have one, please do share!