• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Business
  • Commerce
  • Management
  • Insurance
  • Banking Finance
  • Marketing & Advertising
  • Tech

Business Finance Articles

Your First Financial Choice....

  • Education
  • Career
  • Investment & Money
  • Accounting & Taxation
  • Transportation & Logistics
  • Industries

Best Practices when Investing in Real Estate

Last Updated on December 23, 2022 By Ifama Leave a Comment

Real estate investment is one of the most solid and secure investments you can make. Indeed, aside from investing in gold there perhaps isn’t a more stable choice for starting or expanding your investment portfolio.

Whatever route you choose to take, you can make a steady passive income and see your home increase in equity as the years pass. Very rarely will real estate lose value over time and even if it does, the losses will pale in comparison to some of the losses you might see with less stable and more unpredictable investments.

But if you’re new to the world of real estate investment, what tips should you be following to ensure you are making the most of the opportunity? Allow us to help you with a few top tips and explain how getting started in real estate investment is easier than you might think.

Table of Contents

  • Flipping
  • Renting
  • Making it Sustainable
  • Consider REITs

Flipping

Decide early on whether you’re planning on renting out the property or flipping it as this will have a direct impact on the kind of property you invest in. If you want to make quick money then flipping is the logical option but you will likely need to invest a great deal into renovating and repairing the home to increase its value before selling it on. This could take months and there’s no way of knowing exactly how the real estate market could look by then, particularly in these unstable times.

Renting

Renting the property, either yourself or through a letting agency, is a more long-term plan that could be a great option if you’re looking for a retirement fund and passive income that could last potentially for the rest of your life. If you’re renting, you might have to spend less on renovation but you’ll still need to make the property habitable.

Financing or Renting a Property? Find out which Option is Right for you!

Making it Sustainable

Sustainability is a major buzzword right now but it’s so much more than just an empty phrase. A home that is more sustainable is not only worth more but will be seen as more desirable when it comes to resale. So, if you’re buying an older property, one of the first places you should be looking is the sustainability and energy efficiency of the home. Consider solar panel installation for better energy efficiency, cavity wall installation and having a smart meter set up as a bare minimum.

Consider REITs

If you prefer to be more hands-off with your investments, then an REIT might be a safer bet. Real estate investment trusts are a way of investing in real estate without physically buying property. It’s an investment in the more traditional sense and they can pay high dividends, which makes them very popular among retired individuals. But they can also be complicated and are not easy to sell or value as you only own a fraction of a property.

Ifama

Hi! This is Ifama. I am a student and giving my services in SEO. I have a lot of experience in digital marketing. Travelling is my hobby and I love visiting different hilly areas and doing adventures.

Filed Under: Investment & Money

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

concepts of markets
Leadership of an organization
Leadership of an organization
meeting of business team
Bad manager shouting on team
boy hand look in LCD
Profit Graph
woman using a laptop
pineapple and bottle
People sitting on chairs
Girl leading the team
Girl analysis the organization report
person-using-laptop
Microplastics Harmful Water bottle
Business Retailing
What You Ought To Know About the Insurance Process
Forklift and Pallet Truck
Woman getting a signature of man on documents
Man write something on the page
investing mistake
Business-Accounting
Translation Services
PTO
hands-on-laptop
Mortgage employee

Footer

  • About US
  • Contact Us
  • Blog
  • Comment Policy
  • Terms & Conditions
  • Privacy Rights
  • Privacy Policy
  • Follow Us On
  • – Google News
  • – Facebook
  • Entrepreneur Skills
  • Business Cycle
  • Business Ideas
  • Speculator
  • Be Wealthy
  • Psychology in HRM
  • HRM in Business
  • Businessman Qualities
  • Salespeople Types
  • Health & Business
  • Business Success Rules
  • Stress At Work
Copyright © 2018-2022 BFA