One thing that I realise is that the real estate business never depreciate in my country. I have never seen a situation where a land will cost less than the amount that it was bought.
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That's actually True, the real estate business always have the tendency to appreciate more in value notwithstanding the economic situation of the country or region. People still make profit from real estate investment even in this times of really poor economic conditions.One thing that I realise is that the real estate business never depreciate in my country. I have never seen a situation where a land will cost less than the amount that it was bought.
Certainly, real estate is a lucrative business but it still has it own rough days when real estate investors lose a lot money and might even go bankrupt maybe because of the poor economic conditions or a government law which has affected their business.The real estate business is a more lucrative business and that is the advantage that it has over all other types of investments in the business world . This is the edge that it has.
Although the risk that is involved in real estate investment is very low but I wouldn't say that it has no risk at all. There's no business on the planet earth that does not has a risk but the level of risk differs. What if a property bought got burnt when there is a fire outbreak? This is perhaps one of the risk that is involved in real estate business.The risk there in real estate investment is zero for me, no risk. As long as it's business you know too well, that will surely bring you steady income monthly or annually. One just have to start it, by employing a real estate agent to help in planning the estate. Then you call your contractors, site engineers build the estate the way it suits you. Drive your profit without doing much again, like stressing yourself going to work and so on.
Advantages of investing in real estate over other kinds of investment:Real estate is one very special kind of investment that has the capability of making you wealthy. Once you are into it, you will just know that it's quite different from other forms of investment. Now these are some advantage real estate business has over other forms of investment.
1. Properties in real estate don't loose value
Now this is one very special unique advantage real estate investment has over other forms of investment, whenever you invest in real estate, your investment never looses value instead it always increases in value.
2. Properties in real estate are fixed asset
Assets in real estate are always tangible assets that can be felt and seen and touched but unlike other fixed assets that depreciates as time goes on real estate properties appreciates as time goes on.
3. Real Estate is the only investment portfolio that has solution against inflation
Due to the fact that the value of real estate property increase overtime, it tends to cover for any form of inflation that arises over the course of the investment.
What are your thoughts on this guys? If you think there are other advantage real estate business has over other investment, please mention it in your comments.