I am really wondering around about the investment in real estate. Many have said that the investment will give many of advantages for future. “You’ll be rich, one day!”, they said. But if that is possible even for me that have no idea about what is going on, then why doesn’t everyone investing in it?
The fact about investing in something is, you don’t need to spend a lot of money at the beginning although you may need to keep on doing that all over again for years. Still, somehow it is not burdening our shoulders at all. I have nothing to know about the terms and conditions, agreements and laws of investing in USA or Europe, but i know that they who need to find many of the investors as if trying to tell you like: “Give me your money each month for about 5 or 15 years ahead and then you will get more of what you have given in return.”
That’s the simple way to understand what the investment is. I mean, it is pretty much just my own simple thought, so it’s ok if you will denying it. But to be honest, doesn’t it sounds right to you?
I know that investing in real estate is not easy and even will requires a lot of hustles, however, how comes a guy like me with only one job could afford to invest in something? Now you may have realized how poor I am that actually can be used as an excuse why invest in real estate is not for everyone.
The next reason I found about my own confusion related to this topic is about the definition of the real estate itself. I don’t know who was saying that the real estate is “the land and all improvement made both on and to land.” So, now I know that the apartment is not considered as the investment if you get one because you only use the building and you have no right about the land or the ground.
What does it means to me? Surely, we will talk about the taxes! Now, you don’t just need to spend the money for the investment, but also prepare for the taxes. It is so obvious for many of us that are determined for making money. Why don’t we just saving the money and then buy a house while slowly building our passive income as one of the sources of income? I know that it is not possible to everyone as well, but it could be.
What’s stopping us for invest in real estate? Is it our lack of money and knowledge, or they have got a better investment for the long-term? You’d be the one who know your own condition.
If you find this article useful and may stimulate your mind to find the answers even further about the wider world of investment, please kindly to share this. Keep in mind that what I have written above just a simple thoughts from someone who haven’t known much about the concerned field, so I may miss one or two of the information.