We can invest in property, if we have knowledge about real estate market. We can perform low bowling strategy by visiting 100 properties which are on sale. We can filter 10 properties of of ten, then we can filter 3 out of ten and offer 70 percent price as comparison to real price, then we can choose best from last three properties. We can see which person and buy property from that. Rental properties are best options because these give fare after every month. We can also take advance from lessee. After 5 to 8 years, retal property value will be double. In this way, we can in rental properties safely.
I've been doing this but guess what? I don't have enough yet for downpayment but I'm just trying to get into that vibe and energy that someday I'd really get to pick and choose from the properties that I am looking at. I agree that rental properties are the best because even if you don't work, and while you sleep, you're earning. Who was that again when he said that we should find a way to make money while we sleep, was that Warren Buffett? Getting into venture of real estate is the rich's game.
We can also invest in commercial market and we can work on it and then sale it, it is very advantageous. Commercial market also give bare and its bare increases speedly. Commercial Market price also increases speedly. We can invest in plots if we have knowledge about the area in which we are investment. In a long term, property plot value increases.If we have least amount of money, we should invest in rental property that will give fare and equity. By investing in plot, we cannot get fare but we get equity. Commercial investment is a best investment if we have a large amount of money. Commercial real estate value increases speedlyas comparison to rental properties and plots.
We see , millioners are growing from real estate. Other businesses are also available but real estate industry is fast income growing industry. Builders also get benefit from real estate, they work on foreigners projects, builders invest foreigner money. Real estate industry is continuously growing.
Commercial market or commercial real estate are way more expensive than the typical that we're renting. But yes, the money is more with that and if you've got decent money and it's just in your savings, try to leverage that make money from it through propertal rental and investing more on it. Make an empire of real estate properties where you'll just get to be the property manager or you can hire someone for you to manage that while receiving the profit monthly. Try also to sneek into areas where they're just about to get developed. The lands there are a bit cheaper than the commercialized and potential profit there is also gonna be high when the right time comes that the area becomes developed.