Introduction
Real estate investment can be a lucrative endeavor for those who are willing to put in the time and effort. Whether you are looking to diversify your portfolio‚ generate passive income‚ or build long-term wealth‚ real estate offers numerous benefits. However‚ getting started in real estate investment can be intimidating‚ especially for beginners. In this article‚ we will explore the basics of real estate investment‚ providing you with a solid foundation to begin your journey in the world of real estate.
Understanding Real Estate Investment
Real estate investment involves purchasing‚ owning‚ or managing properties with the purpose of generating income or appreciation. The two main types of real estate investment are residential and commercial. Residential properties include houses‚ apartments‚ and vacation rentals‚ while commercial properties encompass office buildings‚ retail spaces‚ and industrial warehouses.
