Venturing in The Real Estate Investment
Real estate is a better option for any investor who is attracted to making huge profits. Though it is not all that easy, the payoffs are hypothetically quite profitable; it is always pleasurable to have a physical investment which you can see, pay a visit and even improve its value.
Real estate has been one of the most reliable ways to become wealthy from time immemorial. This is because properties like fixed assets, including land building and fixtures, are always appreciating in value, unlike assets like plants that depreciate with time.
Why real estate?
- It is clear that investing in real estate gives one way to diversity in their investments.
- It also gives the owner ownership of a tangible asset that appreciates with time.
- Again since shelter is a basic human requirement, real estate will always hold its net book value as long the property is strategically situated.
Ways of investing in real estate
- Buy and hold investors
This is a way of buying a property and later renting it out for a short-term period or long-term period.
- Fix and flip investors
This is where you buy a distressed house, do some repairs and renovations, and later sell it for a profit. These types of houses are always available through property auctions, bank short sales, and foreclosures.
Can real estate be encouraged?
Preciously yes it is termed as a long-term business investment by professionals. It builds future wealth compared to other business investments.