Important things to know about Investment Properties
You might know someone who uses real estate as part of their investment portfolio. Many people believe acquiring property is a sound investment strategy, because most property, over time, will appreciate in value. However, taking on an investment property can be daunting. Does it make sense for you?
Using the free *Native American Financial Services Association (NAFSA) Financial Literacy Program, you can explore online playlists with many modules that relate to home ownership and real estate investment. Whether you are considering a refinance, investing in real estate or need to better understand mortgage relief, our curated playlist will provide you with important information.
An investment property is real estate purchased to generate income (i.e., earn a return on the investment) through rental income or appreciation resulting in a profitable future sale. Investment properties are typically purchased by a single investor or a pair or group of investors together. Purchasing property with the intent of earning a return from the future resale or rental income generated by the property has many pros and cons.
Our Investment Property module, located in the Owning a Home playlist, goes over key items like: the different types of investment properties, costs involved with these properties, potential tax implications, and more. Learn more about whether an investment property makes sense for you by completing this entire module.
The NAFSA Financial Literacy Program provides a variety of modules and tools with easy-to-understand information to help people better comprehend their finances and make more informed decisions.
Explore the program today: https://nafsa.everfi-next.net/welcome/nafsa-achieve
*The NAFSA Financial Literacy Program content contained on the NAFSA web page(s) referenced above, and on any subsequent pages created by our service providers/partners, provides general consumer information. It is not legal advice or regulatory guidance. There may be other resources that also serve your needs and you are always encouraged to, and should, consult with your own professional advisors prior to making any financial decisions.