Real estate is the largest asset class in many countries, with a higher share of people’s wealth going into it than into other assets. This is partly the result of the perceived simplicity of this asset: everyone lives in a home and has a sense of understanding of residential properties, and some high net-worth individuals (HNIs) also feel comfortable with commercial property investments.
While real estate seems to check all the right boxes, not all real estate investors are equally lucky in the results of their property investments- some are able to speak about their huge real estate profits, while others have less happy stories to tell. Here are seven ways in which a property investor can minimize the risk quotient of a real estate investment to ensure that it yields predictably good returns.
1. Learn About the Real Estate Market in Multiple Cities
Most of us invest in real estate quite differently from how we…