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Shahid Balwa Reveals: 4 tips to skilfully invest in real estate

by Shruti Sharma Content Curator

So, you’re new to investing in real estate? We can understand how uncertain everything must be seeming. But on a serious note investing in real estate is way better than investing in stocks and mutual funds as they are highly susceptible to market risks.

Real estate, on the other hand, is bound to bear fruits in most cases, provided you are aware about current market trends.  

In case you are a little apprehensive about whether you are headed in the right direction; let’s cut down on your anxiety and discuss several factors that you should consider before making a decision.

Location

There’s nothing more important than to analyse the neighbourhood your potential property is located in. One should consider the future of the respective city/ region and what effect will it have on the price and value of the property when you’ll sell it. This factor stands true for both residential and commercial real estate. It is also advisable to closely observe the areas developing nearby your property. Off lately, Shahid Balwa of DB realty is keen on putting his money on commercial real estate as it ensures better ROI as per prevailing market trends.  

Return on Investment

A high return on investment is obvious and only reason why one invests in a property. Many of us tend to avoid properties simply because we fret the amount of effort that will go into renovations. The silver lining is that the flaws will help you buy the property cheap, and sell high after investing in it. This is the prime reason why investors are so much keen on investing in real estate including the likes of Shahid Balwa. Wikipedia is a good place to research if you are confused about what to do.  

Budgeting

Properties differ from each other in size and consequently in price. This can cause a buyer to be tempted to spend more than his/her pocket allows. But this wouldn’t be the scenario if he/she has already fixed a budget. A consciously planned budget will help you spend on a property in a way that saves you from future losses. Apart from mortgage being the biggest consideration, one can’t avoid the maintenance costs either.

Established or Under Construction

A new investor is always privileged to choose between seasoned /established property and one that is being built. One can customise the latter with upgrades that will add resale value and may sell at an attractive price. 


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About Shruti Sharma Innovator   Content Curator

7 connections, 0 recommendations, 57 honor points.
Joined APSense since, November 29th, 2017, From Delhi, India.

Created on Oct 4th 2019 05:17. Viewed 313 times.

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