Real estate investments are some of the most lucrative and secure investment types out there.
Business investments or starting a company is always risky since the growth of these types of investments greatly depends on internal business and economic factors. Investing in insurance companies or financial services groups also isn’t nearly as lucrative as it used to be because of the huge impact that currency values have on these types of markets.
Where all other investment types are risky, property investments are stable, always growing and pose few risks for investors.
More and more people are starting to invest in property all over the world and especially in esteemed properties in Cyprus because property values have grown significantly over the past five years. Cyprus properties experienced a growth of up to 80% between 2004 and 2017. Imagine what it would be like if your savings could grow this much in just five short years. The high growth rate of property values easily exceeds the growth rate of most businesses and this is exactly why people are starting to invest in real estate as a business.
So can real estate investing be a business?
There is absolutely no reason for you not to invest in real estate as a business. Plenty of entrepreneurs buy property that is likely to grow in value over time and resell at an incredibly large profit margin. Another good way to earn from your property investments is by buying buy-to-let property that you will be renting out to cover your mortgages and secure a steady income on the sideline. Some real estate investors love to take on projects from scratch and build on undeveloped land that they can either rent out, use to start a business or sell for a profit. There are quite a few different ways to use real estate investing as a business.
Plenty of different ways to get started in real estate as a business
You don’t necessarily need to be a financially secure entrepreneur to get into property investing as a business. There are plenty of alternative methods for you to get into this type of industry. Many entrepreneurs start out by saving up for a deposit and by taking a loan from the bank after which they will invest in property and rent out their property to pay off the mortgage. Another great way to get started is by starting a joint venture agreement with several other entrepreneurs who also want to get into real estate investing. This greatly reduces your monthly expenditure for the property and can strengthen your business investment if you have the right connections.
Real-estate lawyers are an absolute must for property investing as a business
Real estate investing as a business is a pretty risky business and you need to be 100% safe and legal when you decide that this is the right business sector for you. Just consider for a moment how terrible it would be if some of your joint venture partners don’t pay their dues when it comes to the mortgages. A lawyer specializing in real estate law can help you with all of the legal aspects of property investment and joint venture agreements and is an absolute must for this type of industry.
With the right real estate lawyer at your side, you can get into property investing and start building towards a bright and secure future.
