If you have ever been a tenant, you never want to venture into the lands of being a landlord—ever, no matter how lucrative the investment may seem. Who wants to wake up to complaining calls about plumbing and electrical issues?

Well, what if we told you that if done the right way, real estate investment can be a piece of cake– filled with cream, topped with buttercream, and of course, a cherry on the top.
Why invest in real estate?
Investing in real estate can be a real charmer. It can diversify your investment portfolio ( no harm in that) and can be a constant source of additional income. So, take it as a one-time investment with lifelong returns. Another good thing about investing in real estate is that you can invest in an ongoing project commonly known as off-plan. Usually, the payment terms are very flexible for these types of projects. You just have to make an initial down payment and then the complete amount is distributed over a few years. The project continues to develop in the meantime and once the project is finished, you can get complete ownership rights to the property. Since the developers are also in need of finances at the ongoing stage of the project, this formula is a win-win for both parties.

Now, most investors do not know the smart ways of handling real estate investments. Fret not, we are here to get you through this.

1. Invest in rental properties: if you believe you can manage a large chunk of money upfront, can manage tenants, and can bear income loss for vacant months if any, invest in rental property. This is the simplest, cleanest, and easiest way to invest and earn in the real estate business. Buy a property that has good prospects of going out on rent, invest in its make-up and then put it up for rent. However, do your part of homework before taking the big leap. If you are getting a property at insanely low rates, find out the reason. Probably there are hidden expenses or troubles associated with it. If everything is clean, consider yourself lucky! But vow to be a landlord that makes his tenants lives easy.

1. Flipping properties: in most people’s opinion this is the most fun part of real estate investment, thanks to all those HGTV shows. Flipping properties does not only refer to buyers who buy undervalued, bad-shaped properties, invest and change their face and shape, and then sell them for huge chunks of profit. No sir, let us keep this glory till our T.V screens only. The real flippers in this business do not invest in renovations and all. They don’t have time and money to invest like that. They keep an eye for properties that are going off for lower prices, wait for a maximum of six months with them, and then sell them at a profit.

Online real estate platforms:

this type of investment is for people of want to be a part of something huge, but cannot afford to finance it alone. These projects are usually successful hence the risk of investment going down the drain is negligible. The investment is done via online real estate platforms, also known as real estate crowdfunding. It still requires investing capital, although less than what’s required to purchase properties outright.

Online platforms connect investors who are looking to finance projects with real estate developers.

Last word:

Real estate investment is as simple and rewarding as any other form of investment. You just need to know some smart ways that are suitable for you. Just like any other investment, there is profit and potential within real estate, whether the overall market is up or down. Perhaps this is what investing and business are all about.

If you are looking for a safe real estate developer in Nairobi, Kenya, then Impala Developers should be your first and final choice. Their project and services are unmatched throughout the region.