Why do you think Realtors advise you to invest in real estate for your retirement? Perhaps you are in your 50's and you don't have a large amount of savings for retirement.
Perhaps you don't have any plans yet of what you'll be doing on your retirement.
Perhaps you have plans but not thinking of retirement now.
Perhaps you have plans on spending your retirement years living in a home on the beachfront, and so investing in Real Estate could be part of this plan.
Perhaps your retirement dream includes living in one of the major financial centers in the U.
S.
, and then Real Estate in North Carolina might possibly satisfy your retirement plans.
However, you might be thinking that a beachfront real estate could be very expensive and takes some time to save up.
But the reality is that these properties can actually help you move towards being financially stable in the future.
Moreover, these properties are at very reasonable prices considering that today is a buyer's market, starting under $50,000.
You can find a property worthy to be invested fore your retirement even in a low-budget range.
You can even let the property pay for itself by allowing that property to be dedicated entirely to rentals.
And when your first retirement day comes, your home is already paid for while your savings are in tact and can be used for another real estate investment.
There is another option for you to do now while not yet at the age of retirement, a mortgage loan that can cover up a particular percentage of the purchase of a home.
So if you are 50 after 20 years, a mortgage loan, sellers financing, and rental income are your options to allow you to save for your retirement while keeping your savings in tact.
Probably, you might end up re-selling your retirement home to enjoy a less luxurious retirement in the warm weather of California Homes.
Chances are you will be re-selling your property or continue the renting business and use these funds for another investment or a less expensive retirement home.
Whichever you choose, all possibilities can work for you now.