WHY REAL ESTATE IS ONE OF THE BEST WAYS TO MAKE MONEY
While there are many ways to make money in this contemporary time, real estate has stood head-high above any other professions as the most promising business one can ever venture into.
According to one of the foremost real estate mogul, Robert Kiyosaki explained that “Real estate investing, even on a very small scale, remains a tried and true means of building an individual’s cash flow and wealth”.
When you buy a stock, the only way you can make money is if the stock appreciates in value, and you sell it at a good time but with real estate, appreciation and rental income is consistent.
Here are the reasons why real estate is the best way to make money:
PREDICTABILITY
With real estate, you can predict your income. You need an income that is predictable and secured maximally. There is no way to guarantee that the future is going to be exceptional unless you have an investment that appreciates over time and whose Return of Investment cannot be stolen or taken away by government and economy. Real estate gives an assurance of a good future and a sense of security because when you invest in a property, you can easily predict the Return of Investment you will gain from such investment unlike other sources of income where Return of Investment fluctuates.
FOUR REASONS A RENTAL INCOME PROPERTY IS A GREAT INVESTMENT
TANGIBLE INVESTMENT/ ASSET
Real estate is a tangible asset that can be felt or touched. It is not a software or an application but a physical structure that can be seen. If someone wants to buy a property, the first question to ask is the location of the property and how to get to the location for inspection. A developer or an agent can’t lie to the client about the location of a property. It is important to note at this point that to buy a property, a lot of processes must be put into place. To avoid fraudulent activity, a buyer must consult a professional or legal adviser before purchasing a property.
Real estate cannot be destroyed even when some businesses are going into extinction due to advancement of technology.
CONSISTENT INCOME/CASHFLOW
As the name implies, cash flow has to do with the flowing in and out of money. Real estate gives you the opportunity to enjoy consistent income. For instance, people who key into rental investment will earn for years because as long as people are on the surface of the earth, they will always need a roof over their heads; they will always need a place to do business. Real estate is not about structure or engineering designs. It is about people and real estate strives anywhere people are.
There is no location without population and where people are, money is. To enjoy the money consistently, you must venture into a business like real estate where demand is greater than supply.
Conclusively, real estate has been in existence before creation and it’s a key for building wealth. However, it is important that before investing, you get the money aspect right, verification of property with proven documents etc. Real estate is about evidence that gives you an opportunity to do a one-time investment that will make you generate consistent cash flow benefit and residual income for life.
FOOD FOR THOUGHT
You have a landed property of 500sqm in a fast-moving location and decide to build 20units of 2 bedroom apartments for rental purpose, the annual rental income on each of the apartments cost #700,000. This means you make #14,000,000 every year. Imagine you have another 20units of the same apartment, what would it have generated in the next 5 years?
To know more about Middlechase Property Limited, click on the link below: Middlechase Property Limited or call 08186577504.
