When we think about investing in property, we tend to think of it in a few, singular, defined set of possibilities. For example, we may think of investing in residential property, perhaps to live there ourselves or to ‘house flip,’ in other words renovating and selling for a profit later on.
We may also consider investing in commercial property, perhaps as a business or a potential owner to lease to businesses, such as leasing out office space to a range of startups.
But of course, these are hardly the only purposes for investing in real estate, it’s true that the real estate market is often as wide as open as whatever is available at the time. Not to mention that investing in real estate overseas could also be a worthwhile use of your time, allowing your currency to stretch further than you may realise.
So - let’s consider a few real-estate investing opportunities to consider should you be in this market. Without further ado, let’s start:
Raw land is a very real investment opportunity. There’s a reason why even multi-billionares, like Bill Gates, have joined the list of the largest landowners in the US. With a little investment and the assistance of conveyancing professionals, you can ensure that your land accrues value over time.
Conveyancers will guide you through the necessary processes such as conveyancing, inspections, and attending to water runoff. This is especially crucial in areas designated as 'outstanding beauty' and can also serve as a foundational investment for constructing your own retirement building in the future. Even rural or remote land can prove to be a wise investment when managed properly, especially through house & land packages that optimise the use and value of these areas.
Build to rent investments may help you get a fantastic start in the rental market, or it may just help you curate a building that generates passive income over time. These properties, especially in the student market, can be tremendously valuable and are exploding in valuable, especially as Defence Home Owner Assistance scheme is decreasing and rental viability is now being considered one of the primary forms of home investment.
After all, over time you still have the chance to sell the property should you remain in ownership of it, or become part owner with a trusted connection.
If you have a home in good condition, there's no better time than now to sell a house. Prices are rising, and there are more buyers looking for homes than ever before. So if you're ready to move on from your current residence - even if you're in foreclosure or selling a house in probate, or want to make some money from your investment property, consider selling a house.
Indirect property investment is practice by which you use a bonded peer-to-peer lending platform, or perhaps a crowdfunded agreement, to invest in a deal alongside other experts or maybe even institutions.
This can be a relatively hands-off form of investment by which you’re given certain paydates with possible interest on your capital. This form of indirect investing is considered more secure than direct property investing because the value of the asset can be used as a backing unit of collateral. With this bond-style structure, you can feel more secure in knowing the investor you trust knows what they’re doing, even if you have little control over pursuing value in ownership of the real estate.
With this advice, you’re sure to consider a wider set of possible real estate investments, possibly boosting your portfolio or structuring your place in the wider investment market.