The same
way there are wrong ways of investing in other business sectors, is the exact
same way within real estate, and it all starts when an investor lacks the very
basic knowledge and understanding behind the investment broker to investment
and profitability correlations. It’s quite simple, as an investor before
putting money into any kind of business, you need to understand that an
investment is the act putting money, asset, time or effort into something, in
this case a business, and doing so in expectation of a sort of profit,
gratification or any other kind of satisfaction, also one need to understand
that an investment broker is a firm or person who is firstly meant to be more
knowledgeable about the business than you are, and secondly monitor the affairs
of your money, asset, time and effort in that business.
So two
things you must know and understand properly are the;
1. Type
of returns you are expecting from such a business and
2. Capability
of your investment broker in that business.
Having a
bulk load of money and just buying every property that is available at a price
that seems reasonable to you is a reckless and capricious way to invest, there
are dangers that come with such an investment strategy, part of which is the
risk of a complete inability to monitor and manage the affairs of such
investment, and an even greater risk of ending up in the hands of a supposed
broker that not only short changes you, but also secretly embezzles most of the
returns, while lying to the moon about the affairs of your investments, and
this will be because of the complete lack of doing due diligence on your
business expectations and broker
capability.
Running a
quick interview for an investment broker to better understand their expertise,
capabilities and integrity varies from individual to individual, so we do not
need to go into that, as long as it is understood that it must be done well
using whatever method one see fit. But we can still look at the types of
returns one is trying to build with ones’ investment, as in real estate, there
are basically three ways to go, the first is investing to have a fixed income,
be it annually or bi annually, the second is investing to get an unfixed but lump
sum amount of money from a 2-5year agreement, this lump sum amount usually
ranges from a 200% ROI and above, which can come within 2 years of investment
and above, depending on viability, the third and final is if one is trying to
build a real estate empire with ones’ investment, this is for those going into
it for the long haul.
If you are
in need of help or want to make inquiries, feel free to send a direct message,
email or put a call through using the cell digits provided, and you will get
direct access to one of our professional consultants.
Thanks for
reading
Do have an
awesome day.
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