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Types of Real estate: Buying, selling and investing in real estate involve difficult transactions and high .....Read More
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Types of Real estate
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The various types of real estate is depending on you, that which type is best suited for you
1.Low income rentals
Advantage
Same as other rental but with higher cash flow.
Disadvantage
Need more repairing and tenant problems.
2.Rental houses
Advantage
It is the most common ways to get started And in this field you have a long term return on investment.
3.Rent-to-own-houses
Advantage
It is a most comfortable way and most of people have adopted this. In, this first you buy , then sell on rent-to-own-arrangement, and then you get a higher rent, and you need not worry to maintain that property the buyer is usually responsible for maintenance.
4.Commercial real estate
Advantage
It is a type that you have little management and high returns.
5.Speculation
Advantages
When you buy the property at the path of growth and hold the property until value can rise this thing make a large benefit for you.
Disadvantage
Price is not predictable. These things harm you a lot.
6.Boarding Houses
Advantage
You can get a large amount of cash flow renting a house buy the room, especially in a college town.
Disadvantage
You can get a lot of headaches renting a house by the room.
7.Fixer-uppers
Advantage
Creative work and possible to get quick return.
Disadvantage
Risk of taxes in this case
8.Buy, Live in it, and sell.
Advantage
For, this technique live and sell after two year. You can save your tax.
Disadvantage
You have to move lot.
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