Real Estate Tops Best Investment Poll for 7th Year Running
Every year, Gallup conducts a survey of Americans to determine their choice for the best long-term investment. Respondents are asked to select real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds.
For the seventh year in a row, real estate has come out on top as the best long-term investment. Gallup explained:
“Real estate remains the most favored investment to Americans, as has been the case since 2013, when the housing market was on the rebound. More than a third of Americans have named real estate as the top investment since 2016.”
But, we advocate a particular kind of real estate for the beginning investor. We like two to four-unit buildings for the new investors; here’s a couple of reasons.
- Better financing. Owner-occupied financing for 2 to 4 unit buildings is much more attractive with lower down payment requirements and better loan terms.
- There is a much large selection of 2 to 4 unit buildings for sale than there are larger complexes.
If you’re thought about beginning your own portfolio of investment real estate, we need to talk. We’re experienced investors ourselves, so we have practical world experience and can guide you along the path to your own wealth-building. Give us a call today and let’s talk.