Updated: Mar 21, 2022
Entry’s guide to Property: Investing Edition
Real Estate investing will potentially rake in some profits passively as you go about your day to day life. Is it a full-time job? Yes and no. You’ll have to take time to pour your energy into making sure your investment is kept in acceptable conditions for people who are interested in what you have to offer.
Read a lot
Read, research, and reassess which properties you are willing to go for. And you don’t necessarily have to do this alone. Having a Realtor will help narrow your choice
Pay close attention to your country’s current economic state. The price of land may drop or increase based on the state of your country’s economy.
Tools for the Trade
Know your way around fixing things. It goes without saying that maintenance is important for your property. Hire someone should the task be deemed too much for you. No shame in asking for help.
Set Your Expectations
Be realistic with your price range so you know how much you need to prepare. The property you start with does not have to be the one that'll set you up for life.