Is investing in real estate worth it?

[King bell]

Well, There's no yes or or no answer to this question, as the right investment depends on your individual circumstances. However, in general, real estate can be a very lucrative investment.

The key to successful real estate investing is to buy properties that are undervalued and hold them for the long term. Over time, the value of the property will increase, and you'll be able to sell it for a profit.

Of course, there are risks involved with any investment, and real estate is no exception. The most common risks are issues with the property itself, such as structural problems or damage.

However, if you do your due diligence and invest in a quality property, investing in real estate can be a great way to build your wealth.

 

[Jasz]

It's a question that everyone asks at some point. Whether you're thinking of buying your first home, or looking to invest in real estate, there are many factors to consider before making any decisions. The first and most important thing to consider is how much money you can afford to put down on a property. This is an important factor because it will impact the amount of money you have left after paying for the mortgage and other costs associated with owning a home.

If you're new to investing in real estate and don't know where to start, consider asking friends or family members for advice — they may have experience working with real estate agents or know someone who has been successful at buying houses. They may also be able to give you some insight into what types of properties are worth looking at, how much they cost, and how much they generally sell for in your area. Another important factor when considering whether investing in real estate is worth it is location. If you live in an area where homes are expensive and sell quickly, then it may not make sense for you to buy one unless you can find something affordable within walking distance of your home or office space.

 

[Ithedicious]

If you have the money I don't see any reason why you shouldn't invest in real estate , after all it is among one of the most trusted investment if proper research have been done before investing .
Immediately you secured your property and have all written agreement in your hand , you are automatically the owner of that property and you can later decide to sell it for profit depending on your decision.

There is absolutely nothing wrong , to me it worth all the stress to invest in real estate because you are definitely going to make a lot of money from the Investment provided you have the needed money to invest .

Just that for you to be able to earn so much from the real estate market , you will have to invest so much in which a lot of people will not have. That's the only challenge now

 

[Shigobad2020]

Real estate business will always be a good and lucrative business till the end of time , it has been a lucrative business that keep yielding increase since the days of our fore fathers and till now , the business is still appreciating. Most especially buying a land and keeping it for a long time till the land appreciates and selling it at least seven or eight times the amount of the initial amount of money you bought it.

Taking an housing estate as another example , I am staying in an estate and the price of a year rentage of a two bedroom apartment in 2019 is a hundred and twenty thousand naira , but in 2021 the price increased to one hundred and fourty thousand naira and this year the current price of a year rentage of two bedroom apartment is one hundred and fifty thousand naira , which means that estate business is a lucrative business,

 

[Holicent]

Real estate is a great investment if you're looking for passive income. A rental property can provide you with cash flow every month and help you build wealth. But there are a few things to consider before committing to a real estate purchase:

Will the rent cover your mortgage? If not, then it's probably not worth buying a house. In most cases, you'll need at least 20 percent of your gross monthly income in order to make sure that the mortgage payments are covered. For example, if your monthly rent is $1,500 and your monthly expenses include $1,000 in mortgage payments and $500 in other expenses like utilities, then your net income will be around $300 per month. That's below the 20 percent threshold needed to cover the mortgage payment on a house that costs $200,000 even though the rent covers all other expenses. You'll have to wait until those expenses go down before buying the house in question.

Is there room for growth? You'll need at least 10 percent of annual household income available for equity increases in order to make sure that your investment will grow over time. If you're planning on selling your investment within three years or so of purchase time frame.

 

[Augusta]

Yes it is still worth it investing now. it has been same from years ago and still same now. if you have the money to invest in properties when you want to sell or rent them out you would gain either triple or more of what you bought it
So it is still worth investing in real estate. You would even make daily income if you an agent in the industry. it is to find good properties that people are willing to rent or buy and you would start making money almost immediately.

it was when a friend went into this business that I knew people are always looking for houses and property to either rent or buy on the daily. it is a lucrative business if you know all that it takes to make it

So bottom line is that you need to have what it takes and start investing in real estate

 

[Mika]

If you are buying real estate properties for yourself, for example, a house to live in, it can be a bad choice of investment. When you buy a house for yourself it is a liability, you will be paying a mortgage, insurance, taxes, etc. If you are buying real estate property so that you can collect rental income, it is an investment as you will collect rents. You can even borrow money to invest in real estate because you can rent it out and use the money to pay the mortgage. After paying a mortgage for 10-12 years, the property will be yours and you can sell it for higher profits. Therefore, whether investing in real estate had worth it or not depends on what you are buying for and what you intend to do with it. real estate is one of the least risky investments you can do even during a recession.

 

[Suba]

Real estate investing is not as easy as we imagine, we have to know how to process land certificates and building permits, the price of land in one area will certainly be different from other areas. Investing in real estate is not only for the long term but you can also earn every month by renting out the real estate that you own. However, there are many constraints to entering the real estate world, such as the need for large capital, the potential for damage, being illiquid. There are several ways that real estate investors often do to get big profits, such as renting out housing, both houses and apartments. Becoming a Fixer Upper is buying a damaged house and repairing it then selling it at a higher price. Commercial Real Estate rents out real estate but for business and office purposes so it's not an individual.

 

[Jasmine]

In order to invest in real estate you need hundreds of thousands dollars. In my home country, you will have to spend at least $200K to buy a residential property. When you rent out this property you can earn around $500 per month. If you bought the property with your own money, making $500 income without any work can be considered fine but if you bought the property through a bank loan you might have to pay about $500 as loan repayment installment. So, basically you are not making any profits. If you wait for 15-20 years to pay back your entire loan, you might sell your property and recover your investment but the price will go down because of depreciation. Therefore, practically speaking, you don't make profits. In order to benefit from real estate investment, you will have to buy an d sell properties, this will help you make quick bucks.

 

[LoukiaCharilaou]

I think that investing in real estate is worth it. If you have the money, then it is wise to invest it in real estate. Actually, a lot of people make money daily through investments. Some of them became rich by investing. I would recommend this type of investment to those who are looking for passive income.