Real Estate Activities And Types Of Real Estate Investment.
The activities that real estate is concerned with ranges from the development and construction of townships, housing and commercial properties to the maintenance of the existing ones. 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. Real estate investment provides stable and predictable income through income and capital growth of the money invested. Real estate investment involves residential, commercial office space and retail sectors investments. 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.
High net worth individuals (HNIs) and financial institutions are the two most active real estate investors in both residential and commercial properties. 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. There are different ways of marketing in real estate which includes 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 among others. This forms of advertisements helps potential clients to acknowledge your business and provides them with contact information in case they want to purchase a property from 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. Investment in newly built properties is preferred to already existing once because the properties are modern and in good conditions needing no repairs and hence they have a higher return rates.
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