Real estate like other forms of investments have their disadvantages too. As good as real estate is as an investment portfolio, it can't be said to exist without challenges.
What are the challenges that could possibly be expected from a real estate investment?
Although in most cases, the value of real estates will appreciate over the years. However, if the economy is bad, he value of the real estate may also depreciate. That means, the owner is having a negative asset if he bought his apartment on mortgage loan.
The thing about real estate investments that can be discouraging is that you can't sell it really quick to solve an emergency. You would be very lucky to achieve that.
That's right, every good thing has its downsides, so investing in real estate has some drawbacks such as real estate is not easily liquidated, besides that we also need maintenance costs.
We have tried selling a landed property for about 8 months now and we can't even find a buyer to price it because it is in the centre of town and quite pricey.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.