Real Estate Investing, especially for the long term, is very important, especially since we cannot predict the current economic conditions easily. Types of investment are increasingly diverse nowadays. Starting from investing in gold, stocks, to branded goods are also considered to be profitable long-term investments. Even though there are more investment options, property investment is still an option that is still favored by many people.
In addition to the stable selling value of the property and increasing every year, many people also think that property investment tends to be less risky than other types of investment. Property investment can be said to be quite tricky even though the value remains stable and has minimal risks. Therefore there are many people, including beginners who are still hesitant to start investing in property.
Are you one of those who are confused about starting a property investment?
What is Property Investment?
The definition of property investment is a type of investment that is related to the purchase, ownership, leasing, management, and sale of real estate to generate profit. Property investment is the purchase of real estate property aimed at obtaining a Return of Investment (ROI) either through rental, resale, or a combination of these two factors.
The property itself can be owned by individual investors, investors in the form of groups, or a corporation. Judging from the investment period, property investment is a flexible investment, this investment can be a short-term investment or a long-term investment. So, you can determine the investment period according to your needs.