In both the USA and Canada, the first week of July is quite eventful. Canadians recognize Canada Day on the 1st, and Americans celebrate their independence on the 4th. Both holidays share one popular highlight, which often punctuates a long day of delicious food, raucous parades, and infectious patriotism: the fireworks display.
There is something magical about watching a barrage of fireworks tear across the summer night sky. It’s not just the brilliant colors, the thunder and fanfare, the impossible showers of light. It’s the fact that fireworks can engage so many of your senses simultaneously. When that last bloom of fire fades, you can almost feel it deep inside you. It’s tangible.
That’s also what makes real estate such a worthwhile investment. After all, real estate is a classic example of a tangible asset.
This month, we will dedicate our newsletter to celebrating everything we can feel, touch, and see!
Defining the Tangible Asset
If it is not obvious already, a tangible asset is any asset that can be readily quantified. For example, if you own several properties, you can likely easily tell them all apart just by observing their physical qualities. You know one as the blue building, another as the quaint four-storey structure surrounded by trees. Additionally, you can personally interact with them and inhabit their space. In contrast, you can’t exactly sleep inside a bond or walk the long, narrow steps of a mutual fund.
What Makes Tangible Assets So Meaningful
We are visual creatures; naturally, then, it only makes sense that we would be drawn to what we can see. As far as investment options go, our penchant for the visual certainly helps real estate. Of course, there is also a little more to it than that.
Just as you can easily count up your properties, you can also count up their many qualities and nuances. For example, if one of your buildings is starting to show wear, you probably won’t have to conduct some complex scientific study to figure out what needs to be changed. You can tell just by looking at the paint peeling off the walls or hearing the leaky faucet drip in the upstairs bathroom.
Keep in mind, though: it’s not all negative. When you pour your money, energy, and heart into a rental property, you can see it by marveling at the freshly painted walls, the sleek tile floors, and the happy tenants as they come and go every day.
Light Up Your World With Strong Real Estate Investment Strategies
As you can see, real estate wins as an investment option that you can, well, see. Unlike a loud, cascading fireworks display, however, your properties won’t fade into an afterthought of smoke and sulphur. They’ll endure, standing tall against the sky rather than becoming part of it.
Have a wonderful July!
Dave and Carina
About Dave ad Carina
Dave and Carina are real estate investors. They have been actively involved in the Ottawa area real estate investing for a number of years. Their mission is to provide quality housing for quality tenants, while at the same time providing an above average return on investment (R.O.I) for our investor partners and themselves. It is truly a win-win-win way of investing!
Dave and Carina offer their investor partners hands-free investment opportunities. If you are interested to learn how to earn an above-average return on your investment, backed by a solid asset, and without the hassle of being a landlord, please contact Dave and Carina.
For more information about Dave and Carina and their investment program, please call (613) 858-7143. or visit https://daveandcarina.com