Hi,
starting this week I would be reaching out to all of you on a regular basis to meet popular demand. I'd be demystifying a lot of things around real estate and continuum. In this particular piece I'm throwing some light on smart tips for people looking to invest in realty. Of course these tips will help you take the right decisions and smart choices for accruing great ROI.

Never ever be hasty

It can be tempting to rush into a purchase, but do take your time. As a smart realty investor, you’ll need to understand the market conditions before investing. Factors like rate of appreciation, rental value, resale value and neighborhood should be considered. It's advisable to check out multiple properties before you decide to buy one. It’s a big decision and commitment, so take your time.

Understand the market

Don’t just rely on real estate agents or other investors to know the market conditions affecting the geography where you plan to invest in. Do tons of internet based and direct research and know the critical factors like rates, appreciation, history etc. Knowing your market helps ensure that you make good decisions and will be successful.

Consider REITs

REIT stands for real estate investment trust. Buying into an REIT allows you to invest in real estate without actually getting the physical property. REITs are something like mutual funds. Companies own commercial properties, such as office buildings, apartments, hotels, and retail stores and then you invest in the company. They often pay high dividends, making them a good choice for investors. If you’re a new investor, it’s best to stick with a publicly traded REIT, which you can purchase through a broker.

Invest in rental properties

Whether you buy a property and live there while renting out rooms or purchase a property solely for letting out, rental properties are a good source of passive income. They aren’t totally passive though, as you’ll have to provide some maintenance (or pay a property manager to handle it all), but in general, they are a stable investment.

Begin small and easy

Start out with just one property or plot or a duplex or multi-unit property that has only a few units. Don’t put all your eggs in one basket. As you get more experienced, you can buy more real estate and get more involved, but don’t burn out early.

The bottom line

Real estate investing for especially for beginners need not be taxing or overwhelming. Start small, do your research, and consider your short-term and long-term goals. Talk to experts and learn more about investing and the market where you wish to buy, and most importantly, don’t rush. And it's mandatory to check the credentials of the realty company you are planning to buy from. Trust only experienced and seasoned companies with optimum brand equity.

- Lion Dr Y Kiron