Generally the picture of land, building and other tangible assets comes to the mind while someone pronounces Real estate! There is no other projection that can fit the term, apart from this when it comes to the real estate investment, it simply means buying and selling of the property to increase one’s monetary wealth. There is no specific data is available which can make a conclusion that from when this investment took its initiations. In the past time when there were unavailability of an adequate means of transportation, traders used to live in rented places while they were on business trips, may be this was the starting of such investments, whatever it may be but in current scenario it is one of the long term investment strategies that ends up with the noticeable amount of profit.
Cyrille Auxefans Strategies to Make Real Estate Investment
1) Buying and Holding
As it is known to everyone that real estate is a long term investment market where patience is the key which plays a significant role in making real estate investment successful so that it can go beyond your imagination to earn more than your expectations. Real estate properties requires millions of dollars for buying, if someone invest his/her money promptly without taking a second thought there is a huge possibility for crashing of the investment, because there is no use of such investments which revolves around the amount you invested and got back the same or less that you have invested at the time of buying.
Real estate is a market which takes so much of times and sometimes years to take a positive turn. At this particular stage Cyrille Auxefans advises to make a significant hold on the property after buying so that it can be sold at the right time to earn right amount of profit. This strategy is applicable on all the investments whether one is investing in single family investment and in multi-family investments.
2) Mending and Flipping
It is one of the prominent tactics that accounts easy and profitable to carry out, which involves repairing and reselling of property assets, properties for investment are easy to find or invest in. To haunt for an appropriate removable property one can take help from deal brokers and property managers who have professional skill and have in-depth knowledge about the real estate and real estate market.
3) Indirect and Passive Investment
It is the form of investment that does not require direct involvement of investor; one can use indirect ways to wallow in real estate investment market through different practical means like REITS which is a pool of investors where number of investors invests in real estate properties like shopping malls, skyscrapers, big hotels and restaurants that is beyond the ambit of a single investor no matter how much wealth or money he has. If one of the easiest way to make real estate outlay that is similar to investing in shares and debentures and stock exchange but the only difference is that it entails much less risk that is involved in real estate.
All the strategies mentioned above are practiced real estate strategies and are still in practice if you want to be a real estate entrepreneur you can go through the strategies without wasting you’re an extra bit of your time.