Buying real estate – to either let or flip – has long been the backbone of the investment world. Real estate is seen as a ‘safe’ way to divest money and bring in long term wealth, even with the ups and downs in the housing market that we regularly see.
But with so many other things to think about investing in, such as the stock market and cryptocurrency, is real estate still a good idea? Of course, every person is going to have a different experience of real estate investment according to their goals and budget, but should you even think about it at all? Let’s get into the idea below.
Real Estate is Quite Diverse
Residential property, commercial property, apartments, single storey properties best for retirement living; there’s a lot of property types out there that you can invest in. This makes real estate one of the most diverse types of investment you can get involved in.
That can keep your money safe as time goes on and there are crashes in certain areas of the housing market. If you’ve got more than one type of property on the portfolio, you’re less likely to see devalue yourself.
It’s Easy to Add Value
Adding value to a real estate investment is relatively easy and approachable. This can be quite rare in the investment world; even other tangible assets have a limited amount of interactivity!
If you invest in collector’s items,
