If you intend to make money for your future then you need to think well in the present. Though shares are attractive and tempting, yet the real estate stands a step ahead owing to the low risk that it ensues with it. It is said to have almost three times more prospect of money making than any stock investment. The advantages attached to any real estate investment are very practical and suited to the needs of most people.
Lawyers working in the field of real estate like Anthony Coluzzi are the ones you should go to, to avail of any advice regarding the same. He has acquired the license of practicing from the state. Anthony Coluzzi is a resident of New York’s Port Jefferson and practices there. He also lends a helping hand at a voluntary organization for the betterment of the community. Being a specialist in this branch of law, he will be able to guide you in how to avail of all the benefits entitled to real estate investment.
Low risk and low starting capital are the starters of this really profitable investment. As shelter is one of the basic amenities of humans, there is no depreciation in the requirement of a house and that makes buying and selling property a good deal. Also with the finance companies grabbing a greater hold of the world market, it is hardly any botheration even if you can’t gather funds equal to the actual amount of the property.
You merely have to pay the down payment, which is about 10% of the entire amount and the rest will be provided to you against your property. Some financiers also agree to pay 100% with your property as mortgage, which you can repay slowly every month, based on certain terms and conditions.
This kind of investment does not require you to invest a lot of your time or energy; all you got to do is, be diligent and watchful. Only if you discern the right kind of property to invest in and the right time to sell it off, then there is hardly any time and energy that it will cost you.
Investing in the real estate especially, while buying a condo for yourself, is a learning ground for you for your future investments. The sales and purchase of a house is good enough for you to get a grip of the ups and downs in the real estate ventures, it hones your investment skills.
One major advantage or rather feature of real estate is the usage of leverage, which is investment of a small amount by yourself and taking the rest as loan from other sources like a bank or investment company. It is also termed as using ‘other people’s money’, and has had the record of making ordinary people very rich.
Real estate is an investment where the appreciation is permanent, even if the property is not located in a very desirable geographical area, there is appreciation, though it may be low. And for those that are desirably placed the appreciation could be as high as 25%. Finally, you can easily deduce that investing in real estate is the safest form of any sort of investment, especially when done right with the help of an expert attorney, Anthony Coluzzi.