Spend Too Much Money On Sugary Snacks?
Are you the type of person that likes to spend all their money on snacks and sugary drinks such as coke? Well, what you don’t realize is how much money you are wasting on all these unnecessary things. Fret not – if you have been running out of money, you should consider investing in real estate.
The video below shows the types of snacks that are bad for your health:
Why Real Estate Investment a Good Idea
It is said that if you want to start a business, it is a must, or it is at your great advantage if the type of business you have in mind is feasible for a long time. After all, it will take a huge amount of money to start a business. You have to dig deeper and see if such business will always be needed by most of the consumers. Your products should have a high demand in a constant manner.
The thing is, malls might be full most of the time, people might be checking the new trends all the time, they might be interested on what’s the latest, but trust me, among those shoppers, not even half are actually buying. Some of them are just there to check what’s the trend but at the end, they want to hold on to their money. Yes, consumers these days don’t blindly buy things. They make sure that their hard-earned money will be spent wisely. They usually only buy things they really need. They are not as reckless as the consumers before considering they have the net to give them life tips.
Among the most promising businesses these days is the real estate. You can consider this a lucrative business and in fact, almost everyone is in this industry. Maybe not all are investors as they don’t have the capability to do so, but they act as middlemen. Maybe they are still saving money to have enough to start their own real estate business like a property rental trade or maybe, a build and sell or rent business.
Why is real estate attractive? Why are these new properties for sale almost every month like the marc service residence for rent and for sale for example?
Check out below why investors trust real estate for their hard-earned money:
1. Build equity for the future
Equity is an asset that is part of your net worth, according to the internet. The moment you signed up a contract to buy a property in an installment basis, you give a 20% down payment. So, at the start, you already have 20% equity of the property in question. Every month, that equity increases and while you are doing it in a regular manner, your ownership of the property is becoming bigger in value as well. That increasing equity can be your leverage to get another property and so on. It goes without saying that if you will be paying the monthly mortgage of the property, this can be a start of many properties in the future.
2. Possibility of a passive income
When you are just an employee, you have to work hard to get your monthly pay. In some types of businesses, you cannot get the amount you need if you will not work. But that is not the case in real estate. Here, you just have to be systematic so that even if you will just deal with other things, you already have a passive income. And mind you, because of what is mentioned above, your passive income can even grow gradually or depending on how you strategically grow your real estate business.
3. Generate cash flow for retirement
Everyone is saving for the time when their body will already fail them to earn a living. Investing in real estate is one of the best ways to do it. like for example if you already have one of the properties from marc service residence for rent, you don’t need to do any manual labor anymore. Your tenants will just pay their rental fee every month. If you buy marc service residence for sale, you don’t have to worry about the cash flow.
4. Help the community in your own way
You might not have thought about this, but investing in real estate can also help your community a lot. It can also help in giving jobs to other people like maybe you are too busy to deal with the maintenance aspect of your properties, you can then hire someone to do this. You see, no matter how trustworthy the developers are, property functionalism will also fail at times like because of reckless tenants or simply because of the natural wear and tear.
So, if you are still unsure what type of business to invest on, and if you are looking for something that has higher chance and can be considered lucrative at that, we hope this article helps you come up with a good decision. If you are having a dilemma between marc residence KLCC or Verve Suites KLCC, make sure you do proper research of those two properties first. For a full listing of all the properties made available, you can visit Edgeprop.my. If you are also an employee or running another type of business, investing in real estate is the best option since you can just do it in the sidelines. There will be no need for you to sacrifice your other existing commitments or businesses. You can just even hire someone to do this!