There comes a time in life when we must think of a plan to
have an income without having to dedicate so many hours of work, enjoy more
time with the family and enjoy economic stability.
Investing in properties could be the best decision to reach
your financial and personal goals, but be careful not to make mistakes that put
your savings at risk! Below, established real estate developer Jack Bistricer,
shares the six most common mistakes when investing in properties.
Why should you invest in property?
One of the reasons is that real estate is a safe asset and
that it maintains a stable demand, despite economic downturns.
In fact, Jack Bistricer, Chairman and CEO of Talisker Club
emphasizes, it is estimated that by 2030, more than 2 billion people will be
living in rental housing due to cultural changes. These generations choose to
delay marriage, have a small family, or simply do not have the capital to buy a
home.
Therefore, for those who seek to generate income to increase
their family assets, it is good to invest in properties to use for rent and
anticipate demand.