Читать книгу Investing in Your 20s & 30s For Dummies - Eric Tyson - Страница 15

You don’t need to be a big shot to make money investing in real estate. Owning and managing real estate is like running a small business: You need to satisfy customers (tenants), manage your costs, keep an eye on the competition, and so on. Some methods of real estate investing require more time than others, but many are proven ways to build wealth. Historically, investment real estate has produced annual returns comparable to investing in stocks.

Among the key attributes of private real estate investment are the following:

 You build wealth through your rental income exceeding your expenses and through property-value appreciation.

 You can leverage your investment by borrowing money.

 You must be comfortable dealing with property management, which includes finding and retaining tenants and keeping up (and possibly improving) your property.

This last point is super important. Buying and managing investment real estate is time intensive. Those whom I’ve seen succeed investing in real estate actually enjoy the challenge and work involved. And, over time, you can hire people to help you with managing properties if you don’t want to spend so much time personally at it.

See Chapter 12 for the details on investing in real estate.