Choosing Between Buying Or Building An Investment Real Estate Property For High Real Estate Returns.
Real estate is concerned with a number of activities such as development and construction of townships, housing and commercial properties as well as the maintenance of the existing ones. Real estate investment has been an option for many high net-worth individuals, financial institutions and other individuals looking for the best way to invest their money in stocks, bullion and property. One way that many high net-worth individuals, financial institutions and other individuals is among stocks, bullion, property and other avenues in real estate. This is because the money invested in real estate provides stable and predictable income returns for its income and capital growth. A potential investor can choose between residential, commercial office spaces or retail sectors investments. Real estate investment is risky because one has to put very high investments which suffers from lack of liquidity and have uncertain maturity period. Having a beneficial marketing plan and practicing it with a lot of effort and discipline will improve your chances of success in real estate investment.
Residential and commercial properties investment is highly dominated by the high net worth individuals and financial institutions. Real estate investments funded by foreign direct fund are very minimal due to the many restrictions imposed on the funds such as a minimum lock in period of three years, a minimum size of property to be developed and condition for exiting. Among the various activities of real estate sector, construction sector plays a crucial role in the economy through employment of skilled and unskilled labour force which directly or indirectly affect the other sectors.
Marketing your business and rendering the necessary information such as contact information for the customers who may be interested in any of your property and in the best way will help you attract potential customers which is good for your business growth. To ensure that the information about your investment gets to your potential clients you will need to use platforms such as classified ads programs, ads in the “Freebie” papers, putting bandit signs or road signs, flyers and bulletin board posting, business cards, clothing, imprinted and promotional items such as pens and key chains for advertisement purposes. This makes people aware that your business exists and they can also get the contact information easily when they are in need of it.
When you are buying a property to invest in a high return real estate you should ensure that the property is in a good location as it spells the true value of the property, condition of the home and make sure it has no legal obligations such as previous tax requirements. Most real estate investors prefer to invest in properties that they have built since they are modern and in good conditions hence they are easy to sell.