To invest in real estate should be a wealth accumulation goal. Real estate has always been a very large and important part of wealth creation for thousands of years. Centuries ago real estate dominated institute portfolios and was classified as property.
In recent years the preeminence of real estate has yielded to the growing of intangible assets, yet real estate remains a valuable part of any well-diversified economy.
WHAT IS REAL ESTATE?
Real estate is a property consisting of land and the buildings on it, along with its natural resources or real estate is a land that might or might not have yet been improved upon by adding a structure or other improvement. Real estate is different from personal properties which include land, boats jewelry, which is not permanently attached
TYPES OF REAL ESTATE?
When investing in real estate it can sometimes feel overwhelming, simply because there are so many options.
Just getting started in the whole real estate investment? If yes then it will help you to know the different types of real estate available and choose the one that is best for your investment strategy.
INVEST IN REAL ESTATE: RESIDENTIAL
Residential real estate may contain either a single family or multifamily structure.
If you are looking to invest in the real estate business you can invest in residential real estate. Given that there are a lot of people in need of leasing or buying a house due to the population increase in the country.
Want to buy an already made house or you want to purchase a land and improve on it yourself?
If yes, then Brent Housing with its well informed knowledge on how real estate works will provide you with the best fit and offers for you.
INVEST IN REAL ESTATE: COMMERCIAL
Commercial real estate market is best known for its world class shopping centers, amazing office space, and warehouses. If you are looking to go into commercial real estate, it is important to know that the commercial real estate is much smaller. This is in comparison with residential real estate because while everyone needs a place to live, not everyone needs a place to shop,rent an office space or a warehouse, well not at the same time though.
ADVANTAGES OF INVESTING IN REAL ESTATE
Are you interested in investing in real estate? If yes here are a few things you need to know
- Investing in real estate can help generate money through rental, appreciation and profits generated by business activities that depend on the property.
- It has potential to hedge against unexpected inflation
- It provides steady cash flow
POTENTIAL DISADVANTAGES OF INVESTING IN REAL ESTATE
Well no matter how lucrative a business or investment is there is always a downside to it just like in the real estate business. Below are some of the disadvantage of real estate investment
- Real estate is an highly heterogeneous assets this is because location, use and designs can lead to a varying difference in income streams
- It illiquidity, which may reduce the opportunity to rebalance and sell assets at fair markets prices in a short period
- Scarcity of land affects the price range especially if you want to get into real estate housing you might end up buying at a higher price
WHY INVEST IN REAL ESTATE?
Every investment has its ups and downs but that should not deter you from investing in real estate. T. Harv Eker once said ‘’Don’t wait to buy real estate, buy real estate and wait.’’
The benefits of investing in real estate are numerous. With well-chosen assets, investors can enjoy predictable cash flow and excellent returns. Coupled with tax advantages, and diversification, it’s possible to leverage real estate to build wealth.
If you have decided to invest in real estate, It’s advisable that you get the best real estate agents in the field.
Look no further, Brent Housing provides the best real estate opportunities. So get in touch with us today and we will help actualize your goals.