Choosing Between Buying Or Building An Investment Real Estate Property For High Real Estate Returns.
Real estate investment includes a wide range of activities such as development and construction of townships, housing and commercial properties, maintenance of existing properties. High Net-worth Individuals, financial institutions and other individuals looking at viable alternatives to invest their money in among stocks, bullion, property and other avenues have been opting for real estate. The investors are assured of income and capital growth of the money invested in real estate hence stable and predictable income returns. Residential, commercial office space and retail sectors investments are some of the specialty in real estate. When investing in real estate you have to put a large sum of money in the investment which lacks liquidity and have uncertain gestation period. In order to make your real estate investment a success, you will need a beneficial marketing plan and then practice a disciplined effort to the marketing plan.
The major participant in real estate investments are the high net worth individual and financial institutions who invest in both commercial and residential properties. Due to various restrictions like three years minimum lock period, minimum size to be developed and a condition for exiting the market, on the foreign direct investments, FDIs funded investments are very few. The construction sector of real estate is one the highest employment sector of the economy since it employs a large work force including a considerable number of unskilled labour and directly or indirectly affects the performance of many other sectors positively.
In order to succeed you must ensure that you market your real estate business and ensure that the rendering of the investment information to potential customers is done in the right manner which includes providing contact information for the clients who may be interested. The various marketing strategies that you may need are 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. This will not only inform people of your existence but also provide them with the contact information in case they are willing to do business with you.
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.