Pages

Thursday, October 28, 2021

The Six Most Common Mistakes when Investing in Properties

 

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.

Blueprint for Wealth: Strategic Investment Lessons from Jack Bistricer

With a career spanning decades and markets across residential, commercial, and luxury resort development, Jack Bistricer has built more than...