If you have an entrepreneurial streak in you and you are looking for ways in which you can turn your money into even more money, real estate is the way to go. People will always tell you that investing in bricks and mortar is one of the best things to do with your cash and they are absolutely right. To give you some further insight into this, we caught up with businessmen, entrepreneur and real estate guru Brandon Wetzel Yardley to details exactly why investing in real estate makes so much sense.
You Can See Your Investment
Unlike when you invest in oil futures, start-ups or stocks and shares, with real estate you can visibly see what you have invested in and you have material value. This for many investors is something which they enjoy, and it gives a bit more certainty to your investment.
Ways to Earn
There are various ways in which you can use real estate to make money, and depending on your patience and your experience, you can opt to use any or all of the methods. First of all you could flip properties, this involves buying the property at a low price, giving them some TLC before selling it on quickly for a small profit. Those who flip properties are those with an excellent understanding of market conditions. Alternatively you could look to buy and sell over the course fo a longer space of time, waiting for the market to rise before cashing in, and the other way is to buy with the idea of renting the property out, so that you can see a steady cash flow coming your way as you wait to sell the property.
When compared to other financial markets, the real estate market is far more stable than any of these, and can be predicted far ahead in advance. Another great benefit of the real estate market is that it will always bounce back if it crashes, this means that as long as you have the patience to wait it out, you can be sure that you will never lose huge amounts of value on your property.
Supply and Demand
The final benefit of investing in real estate comes down to supply and demand. There has always been more demand for houses than there is a supply and what this means is that as long as you have the right kind of property, you will never have an issue with selling it. There has been pressure on governments all over the world to build more houses, but they never seem to be able to meet the demand that there is. As long as this continues you will always have properly which is desirable, and if you want to sell it you will not have to wait for a very long time.