Aiming for the right real estate investment strategy
Since the beginning, the real estate market is the one that most people turn to first when they want to invest. It is thus possible for them to to constitute a heritageto ensure the future of their families and to better prepare their retirement. Real estate investment and market research Before launching yourself headlong into an investment, you must necessarily proceed to a market research to determine its profitability. To do this, you will need to: Investigate on all market prices, whether for sales or rentals; Ensure that the real estate market is large and functional around the investment area; Define your potential customers Families, retirees, students, professionals on the move or tourists; Define the duration of your rental; Make sure that your investment is capable of generating a good return, for this you will need to conduct a profitability study ; Have a profitability of at least 8%; the calculation is made according to the rental rates and sales prices in…