Anyone here into Real Estate? I would like to learn more about it, look into possible jobs and investments in the area, increase the needed Financial knowledge as well.
Let's make this /reg/ Real Estate General, boys.
Real Estate
Justin Lopez
Thomas Perry
Funny I was just discussing it with a buddy of mine who did MSc courses on Real Estate Management.
I have a question as well. We were discussing the following:
Why would a wealthy person in say Swiss not use his wealth to buy houses in say Amsterdam en mass. Just >50 houses/appartments and hire local real estate agents (literally everywhere in NL) to find tenants and location etc.
pros
1 - Yield >5%
2 - Has to do nothing except provide money and sit back
3 - If housing market fails he does not go down under because no mortages
4 - Monthly payment
cons
1 - Not a fund
2 - has to deal with real estate agents
3 - sometimes houses are empty for a while
4 - doesn't know the area
5 - ??
There are tons of other variables that come into play but on the broad lines how is this not a relatively solid investment
>inb4 there are funds you can invest in that do all that for you
Nolan Johnson
>MSc courses on Real Estate Management
Didn't even know there was a course like this. I'm currently doing BA Business Management.
I agree here. I'm not sure, maybe people with enough money to buy 50+ houses don't want to deal with the hustle of real estate agents and keeping up with the whole 'landscape'. Even though they could hire some people for that, too.
Adrian Lewis
well liquidity for houses is far less then equities that's for sure. equities also have no cost to hold, whereas real estate incurs maintenance, strata fee's, management and property taxes.
depending on where you buy property compared to what equities you purchase, it can go either way. but equities for sure are less hassle to manage, far more liquid and cheaper to hold.
Andrew Roberts
Yep, I studied Quantitative Finance but I could also do electives on Real Estate, and there were students who were studying Finance: Real Estate Management.
Yes, the hassle with real estate agents I understand but still...idk ofc there might be easier ways to invest money but the ever rising housing and rental market due to exponential globalization sound like a relatively safe bet.
Yes, liquidity sure is less but for some reason I have the idea it's a very safe investment and far more profitable then regular equities.
>In the Netherlands rental income is only taxed 1.3%. It's virtually tax free monthly income
Carter Jackson
>"ever rising housing and rental market due to exponential globalization"
You aren't going to make it.
Henry Hughes
you can't really compare the rise in real estate prices to equities. both would be considered a null point unless you compare the average return of real estate in a specific area to say the average return of the sp500. your mileage will vary. depending on your picks, your returns in either investment can vary greatly.
the only differences are the things i listed that are outside the variables. liquidity, cost to hold and ease of holding said investment.
Ryder Edwards
Checked and saved thx user
Yes yes I understand but there is truth in that comment
Thomas Lewis
I am getting my real estate license soon. Almost done with the mandatory course. Eventually I want to flip/invest, but many people online and off told me I should get my license for various reasons. So far, it's been quite educational.
The area I live in is not great for RE investing though. Might have to move eventually.
Adrian Hill
How difficult was it for you to get a licence and how long did it take? I'm in the UK, and looking to get into it, too.