We’ve heard it all too much that investing your money is the smartest thing you can do with your money. But let’s dive into this topic deeper. What’s the ideal investment objective? To place your money somewhere it can start generating income for you, while at the same time, increase in value so that you have great returns when you exit the investment. Amongst the various investment opportunities present for us, real-estate investment ticks all the boxes to be an ideal investment opportunity! But what does it take for you to be able to effectively invest in real estate? Conceptually, it’s all a matter of understanding the fundamentals of investing, risk and economics which is pretty much everything that you learn when you’re playing Monopoly. So it could be fairly simple to invest in real estate! For the sake of making an informed decision, we have listed a few tips for you that could help your real estate investment skyrocket your returns!
- Learn the Ins-and-outs of the real estate market
Pakistan has a very diverse real estate market where you can find multiple types of investment opportunities within the realm of real estate. Although this could open more opportunities to make a more aware decision in investing, more options could lead to a decision going wrong as well! Let’s look at some of the more major types of real estate investment available in Pakistan:
- Purchasing files to upcoming projects
- Purchasing plots for resale
- Purchasing a property to rent out
- Purchasing open land in anticipation of development
Each of these investment types has varying forms of returns and risks involved in them. It really depends on your investment objective that will help you gauge which investment type to go for. It’s always good to understand what type of investment you’re looking for before investing.
- Scope the Real Estate environment
With every investment, proper research is always key to ensure that you earn great returns. We recommend doing holistic research of the real estate environment not just so you can make an informed decision, but it also helps you avoid any untrustworthy sources and scams which are all too common in the local real estate market. We recommend you visit our catalogue of projects that we’ve invested in at LaneTwelve Properties because we only recommend the projects we’d invest in ourselves.
Proper research in the real estate market can also help you understand what type of investment you’re looking for. Are you looking for more long-term investment? Are you looking to buy a property to sell it at a higher rate? Or are you just looking to rent out a property for some stable income? It really depends on your investment objectives and you can design your investment objective only through understanding what the market has to offer.
- Stay sharp, be physical!
With Real estate, it’s always best to work closely with your agent and be more active in your dealings. Visit the site physically, personally negotiate with sellers, and be more vocal in your investment preferences. At LaneTwelve properties, we encourage all our clients to voice their investment needs fully so that we can give them the best possible investment opportunity for them.
Investing in real estate could be daunting at first, but fundamentally it can be a very rewarding option if all goes well and there are a lot of things you can do to make an informed decision. If you’re willing to invest in real estate, consider our catalog of projects here.
