We have a good number of clients at our accounting firm that owner residential and commercial real estate.
Real estate investing can be profitable.
A good real estate investment has to do with knowing what a potential property's fair market rental value is vs the sales price or another way to say it is the monthly cost to rent vs the monthly cost to own. Generally those numbers are pretty close to each other so the only way to make a good real estate investment is to get a good deal on the purchase.
To put it another way, "Buy low sell high".
With that said there is a ton to learn and a blog post is not going to give you what you need. If you are just starting to look, get on the meetup webpage and look for real estate investment groups in your area and go attend some meeting and just learn everything you can.
Investing in Real Estate business is such a good idea in current times. This time has the favorable market conditions for buying or investing in real estate. By investing in it you can enjoy an excellent rate of returns, awesome tax advantages and great real estate to build your wealth.
Reasons for investing in Real Estate Business are:
1.Competitive Risk Adjusted Returns
2.Attractive & Stable Income
3.High Tangible Asset Value
Professionally I am not engaged in it but I know one real estate agency in Hawaii named Maui Luxury Real Estate Team. They can assist you for investing in real estate business.
Yeah, investmens is the REAL business I think
Real estate is generally a great investment option. It can generate ongoing passive income and can be a good long-term investment if the value increases over time. You may even use it as a part of your overall strategy to begin building wealth.
However, you need to make sure you are ready to start investing in real estate. For one, you will need to put down a significant amount of money upfront to begin real estate investing. Buying a home, apartment complex, or piece of land can be expensive. That’s not to mention the ongoing maintenance costs you’ll be responsible for, as well as the potential for income gaps if you are between tenants for a time.
Property investment is relatively low-risk and stable as compared to other businesses, but requires a significant amount of capital and you have to wait for the right time to sell, however not every property is a profitable one.