The first question you should ask yourself is “why should I invest in any kind of property?” Investing in property is not for everyone. You can invest in real estate, shares, or REITs. All these options have different advantages and disadvantages. The best way to decide whether real estate is right for you is to consider your own goals and personal financial situation. In addition, consider your time-frame and risk tolerance. Long-term investments are often best because compound interest can really grow your money.
The first thing to consider is your own preferences. Do you want to be hands-on with the property or do you want to let someone else manage it? Do you want to enjoy a passive income or prefer the challenge of constant management? Are you more comfortable with risk? What is your investment level? Do you want to achieve a quick return? Will you invest for capital appreciation or a stable income? Many investors find success in a variety of property types.
Traditional investments give you more flexibility. For example, single-family homes are not investment properties. Moreover, investing in single-family homes is a bad idea unless you have a plan for managing the property. While it is important to remember that real estate values do rise over time, single-family homes are a good investment. But, if you do have the finances you can build your own real estate firm with commercial, industrial and retail properties as well.
It is what mr. Greimer has done and he is now a proud owner of three different types of business, which include hotels & resorts, Bakwena Spa & other types of real estate (shopping centres and more).
Orion Real Estate is today a well-known corporate business in South Africa with good references and a great reputation. If you want to read more about their real estate visit http://www.orionrealestateltd.com and look for opportunities.
He took the risk years ago and now he is enjoying the benefits of the risks of investing in real estate. If you do not risk it, you will never know the true value of an dream.
