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Ben Sage, Moving Woodstock

Planning to retire sometime? You need investment property.

Posted on October 16, 2012 by Ben Sage in Investment Real Estate, Woodstock Investment

When’s the best time to buy an investment property? SIX MONTHS AGO!

Very funny, right? But there is some truth to the statement. Real Estate provides a solid, tangible investment with plenty of benefits, and can create an excellent income stream in your retirement years.

With today’s low interest rates, and property values holding steady in the Woodstock area, there has never been a better time to take the plunge into Investment property.

Some thoughts:

Tangible asset – something you can control, and something you can feel and see and improve, rather than paper or numbers on a screen that are out of your control.

Simple plan – I have a 15 year plan that I am currently using for my family’s investment plans, which will provide us with an excellent income stream in our retirement years.  It is very simple but not necessarily easy.

Low rates, long term – Smart, confident investors are buying today and locking in to ridiculously low long term rates. If you are able to handle the long term investment. a 10 year mortgage at under 4% is still possible. Thats almost half of the life of your mortgage at a steady rate!

– Hedge against inflation – If you’re like many canadians, you are facing wage freezes at a time when the cost of living continues to rise, with gas prices, food prices, and shortly, interest rates. Your asset value should increase alongside or above the rate of inflation, when viewed over a long period.

If you think it’s time to diversify your retirement plans by adding an investment real estate portfolio, please don’t hesitate to contact me!

 


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