Let’s take a bit of a break from Forex and focus on investing in other areas – for example, investing money in buying real estate. This step is also a good way to get passive income, if you first study all the “pitfalls”, possible problems and features of this type of investment.
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The first thing you need to understand before you invest your own money in buying real estate – this type of investment is less risky than trust management, but the profit here is not so large (in percentage terms) and not so “fast”.
In addition to the cost of the property itself, it is necessary to go through some registration and registration procedures, which require significant time and financial costs. On the other hand, the purchased apartment, house or land plot, if it falls in price, it happens much less often than the closing of a hype or the closing of a PAMM account by a managing trader.
The second feature of investing in real estate is that, contrary to popular belief, this type of investment does not require such significant amounts as it may seem at first glance. It is quite successful to buy a garage for a couple of thousand dollars and then rent it out.
The garage still remains with you and can be sold at any time. At the same time, the rent is your passive income. It may not be very large, but it is quite stable.
The third important feature of real estate investment is that there are quite a lot of investment objects, they can be divided into several groups according to the main characteristics.
land
residential real estate of the middle class
luxury real estate non-
residential sector real
estate abroad
Each group has its own characteristics and has certain properties as an investment object. This must be taken into account before you invest your money.
The most affordable and highly efficient, in terms of making a profit, is, of course, residential real estate of the middle class and below. Cheap houses and apartments can be rented or sold quickly enough in almost any region, with the exception of” depressive ” settlements somewhere in the outback. But even unpromising objects for today, tomorrow can sharply increase in price, under the influence of various circumstances.
Simple examples:
In a certain city N, in one of its districts, apartments, in old houses built in the last century, had an extremely low price, despite their good physical condition. The situation changed dramatically when several supermarkets of well-known retail chains appeared on the nearest vacant lot.
In the capital of Ukraine, the city of Kiev, the price of an apartment, among other factors, is largely influenced by the proximity to the metro.
Investing in the purchase of land is already more difficult – here, more than anywhere else, you need to clearly understand what will happen to this area in the near future. Natural disasters, political events-literally anything can raise the price of the land you bought to sky-high heights or lower its price level much lower than the cost price.
Luxury real estate, today – the most unpromising investment object, according to experts-realtors. Quite high in price and problematic in the subsequent sale. Perhaps it makes sense to invest in such objects, but for the long term.
Nedvizhimost_za_rubezhom another type of real estate, popular recently among our compatriots – foreign objects. Quite a profitable investment; at least – stable, for now. The economic situation in many countries of Central and Western Europe is quite prosperous now. However, when buying, you need to carefully study the legislation of the country where you plan to place your investment.
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