No, this isn't 'All' about Real Estate, because the subject is so vast, that a single blog post can't cover it all. I just want to share my viewpoint of Real Estate, the little knowledge that I have.
Who in the world doesn't need a home to live? And even if you already have it, you may ask, what's the need of owning yet another home? Then, the term 'investment' comes.
Yes, you have a home to live, a fair amount of monthly income as an employee or a self-employed individual. It's good that you earn for your family, or yourself, but, there is a problem associated with it, especially if you don't have a passive income, i.e. a type of income, for which you don't have to work, even a minute. Suppose, for any reason, you are unable to work for a month or two(due to health reasons or any other like this) will your employer still pay you your salary, without any deduction, or, will your business not suffer?
So, if you have invested in a good flat or house, and have rented it out well, you may receive a good amount per month, for which you don't have to work. Apart from that, your property is yours, and you may sell it out after a few time, earning a good appreciation. Spending money on Mutual Funds, stocks and FD's may also be profitable, but it's not certain, as they depend on the market conditions. In Real Estate, if you have invested in a good project, more than 90% of the time, the value of that property will go up. But, it's not just the capital gain that matters in Real Estate. It's also the monthly cash flow, that you may get, by investing directly, or making others invest(indirect). In both of cases, you don't need to work very hard. You may have money, or you may have people to invest, you may earn a good cash flow both ways. Minimum incentive I get to work as a free lancer is 2% per flat/plot. If a plot's cost is say 5 lakhs, and I have sold it to someone, just stating the right facts, and telling him the benefits of investing, I will get minimum 2% of 5 lakhs, that's 10,000/- on only 1 plot. And that's the bare minimum. In some cases, incentive is around 4-5 %. Just you have to have some people around you who are ready to invest, or you yourself should be ready to invest. Then, you may make a lot of money in a shorter duration, by working just 3-4 hours per day, smartly, without having to answer anyone, or to serve anyone else, than yourself. A good way of being your own boss!
Any questions regarding real estate investment are welcome!
Who in the world doesn't need a home to live? And even if you already have it, you may ask, what's the need of owning yet another home? Then, the term 'investment' comes.
Yes, you have a home to live, a fair amount of monthly income as an employee or a self-employed individual. It's good that you earn for your family, or yourself, but, there is a problem associated with it, especially if you don't have a passive income, i.e. a type of income, for which you don't have to work, even a minute. Suppose, for any reason, you are unable to work for a month or two(due to health reasons or any other like this) will your employer still pay you your salary, without any deduction, or, will your business not suffer?
So, if you have invested in a good flat or house, and have rented it out well, you may receive a good amount per month, for which you don't have to work. Apart from that, your property is yours, and you may sell it out after a few time, earning a good appreciation. Spending money on Mutual Funds, stocks and FD's may also be profitable, but it's not certain, as they depend on the market conditions. In Real Estate, if you have invested in a good project, more than 90% of the time, the value of that property will go up. But, it's not just the capital gain that matters in Real Estate. It's also the monthly cash flow, that you may get, by investing directly, or making others invest(indirect). In both of cases, you don't need to work very hard. You may have money, or you may have people to invest, you may earn a good cash flow both ways. Minimum incentive I get to work as a free lancer is 2% per flat/plot. If a plot's cost is say 5 lakhs, and I have sold it to someone, just stating the right facts, and telling him the benefits of investing, I will get minimum 2% of 5 lakhs, that's 10,000/- on only 1 plot. And that's the bare minimum. In some cases, incentive is around 4-5 %. Just you have to have some people around you who are ready to invest, or you yourself should be ready to invest. Then, you may make a lot of money in a shorter duration, by working just 3-4 hours per day, smartly, without having to answer anyone, or to serve anyone else, than yourself. A good way of being your own boss!
Any questions regarding real estate investment are welcome!
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