Shahid Balwa Reveals: 4 tips to skilfully invest in real estate
by Shruti Sharma Content CuratorSo, 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.
Sponsor Ads
Created on Oct 4th 2019 05:17. Viewed 313 times.