I came up with the following rules of successful real estate investing over my many years of successes and failures. These are the same rules I follow today and share with our clients at Norada Real Estate Investments.
Knowledge is the new currency. Without it you are doomed to follow other people’s advice without knowing if it’s good or bad.
Real estate investing is the purchase, ownership, management, rental and/or sale of any type of real estate for profit. It refers to any property owned solely for the purpose of generating profit, either through rental income or through market value appreciation. A real estate is an asset form with limited liquidity relative to other investments.
Any type of real estate investment requires high amount of capital and is also highly cash flow dependent to call it a profitable investment. In this article you will get to know why investing in real estate is a great step towards achieving that much desired financial freedom.
Real estate has long been viewed as a sound investment – Much better than investing in the stock market. According some investors, the benefits of investing in real estate vs stocks are directly related to substantial increase in wealth of an individual. Is it better to invest in stocks or real estate? Here are a few things you must know when deciding between real estate vs stock investments. We shall explain the difference between investing in real estate and stocks and how to choose between the two.
Unlike stocks, a real estate that you own is tangible. Real estate has historically served as an effective inflation hedge and it is easier to avoid fraud with real estate. Wholesaling and buying a turnkey rental property are just a couple of the ways investors can benefit from real estate. The important benefits of investing in real estate are increase in property value due to appreciation as well as good cash flow in the form of rental income.
