First of all I didn't take a quick decision as I don't like chances with high risk, Over years of work experience I gained a good experience about realestate market.
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When I thought of moving towards being a client of realestate not a sales man I thought of every point I recommend to my clients to achieve their goals in a good investment and I told my self "Remember that investing in real estate requires careful research, planning, and management. It's important to be patient, disciplined, and realistic in your expectations"
I put my own steps to have the right decision of a successful realestate investment.
Here are these tips :
1. Educate yourself: Before investing in real estate, it's important to learn about the market, types of properties, and the investment process. You can read books, attend seminars, or take courses to gain knowledge.
2. Determine your investment goals: Decide why you want to invest in real estate and what you hope to achieve. This will help you determine your investment strategy and the types of properties to invest in.
3. Set a budget: Determine how much money you can afford to invest in real estate. This will help you determine the types of properties you can afford to invest in.
4. Choose the right location: Look for areas that have a strong rental demand, a growing job market, and a stable economy. This will increase the likelihood of your property being rented and generating income.
5. Analyze potential properties: Analyze the potential properties you are interested in, including location, condition, rental income, expenses, and potential return on investment.
6. Secure financing: If you are unable to purchase the property with cash, you will need to secure financing. Look for lenders who specialize in real estate investments.
7. Hire professionals: Consider hiring a real estate agent, attorney, or accountant to help you with the investment process. They can offer advice and guidance on legal and financial matters.
And now you can have a look at my small investment which Is a kiosk in a mixed use building
