passive income investments

Be it your personal or professional life, you tend to do our homework before believing anything. Investment in real estate is no different. Real estate investing is a significant step towards financial stability, but even after thorough research, one may still be daunted by the myths surrounding it. Due to the numerous conflicting pieces of advice surrounding real estate investing, this could be a particularly important yet perplexing moment for prospective investors. While some may seem harmless, most of them are capable of blinding you into making the wrong decision. Here are five significant myths we debunked to ease your real estate investment journey: # Myth 1. Real Estate Investment is extremely RISKY Real estate investment is often tagged as a ‘risky’ venture. There is no such thing as a 100% risk-free investment. There is a certain amount of risk inherent with any investment. However, calling it ‘extremely risky or the riskiest’ is more of a myth.Real estate, when compared to stocks, mutual funds, and bonds, is considered to be perilous. The stock market is volatile, with many ups and downs, while the real estate market has remained hot. Why? Real estate investments have the potential to deliver strong returns. Risk is your biggest ally. Real estate investing is one of the lowest-risk investments that has created the most billionaires globally. Like Mellody Hobson, the chairwoman of Starbucks, said, “The biggest risk of all is not taking one.” #Myth 2. TIMING is everything You are hardly alone if you believe this myth is a fact, especially if you are a firsttime investor. In reality, there is no perfect timing to invest in real estate, unlike how those outside the investor universe believe there is.While deciding when to invest is crucial, waiting for the perfect time emanates from the perception that real estate value will tremendously fall in the imminent future. However, the real estate value is never going to hit zero! Although perfect timing could mean dodging the wrong time for investments, the focal point needs to be financial stability and real estate familiarity that comes with thoroughgoing groundwork. Proper market research will help you perceive market predictions and help you make an informed investment decision rather than waiting for an opportunity to knock at your door at the ‘right time. #Myth 3. Investing is only for ‘ADULTS’ Real estate investment is one of the best ways to become financially […]