Six ways on how to invest in real estate
Real estate investing can be lucrative when done properly. By cleverly building a portfolio, the investor may create a passive income which would allow them to live in comfort.
Unlike stocks and bonds, real estate investing brings tangible guarantees which can be extremely satisfying.
There are some tricks to keep in mind:
- BE AWARE
Download real estate apps and be aware of ongoing property prices and fluctuations. Don’t just look at asking prices but also selling prices. Be aware of whether it is a buyer’s market or a seller’s market and keep an eye out on the news for latest legislation related to property.
When researching the real estate market look at different areas and their potential for future growth. Which are the up-and-coming suburbs? Which are the areas most central? What developments are being planned? Is this a boom period?