For some, investing in real estate can translate to thousands of dollars in additional income each year. And experts say that in today’s inflationary environment, doing so could prove to be a strategic move.
“A real estate investment provides a hedge against inflation if rents keep pace with, or outpace, the rate of inflation,” says Derek Graham, principal and founder of Odyssey Properties Group. “Property types such as multifamily (apartment buildings) that are able to adjust rents more rapidly tend to be the most inflation-resistant." He adds that the typical lease term on an apartment is 12 months, after which point the rent amount can be readjusted to reflect the current market.
