Real Estate

Everything can be an investment, even your house ๐Ÿ˜๏ธ

Real estate = land, buildings, houses or apartments ๐Ÿ˜๏ธ

It's one of the most popular asset classes that investors put their money in!

Investors make money by renting out property to tenants or by selling it at a higher price than they paid for it ๐Ÿ’ฐ

The cool thing about real estate is that you can actually LIVE in your investment! ๐Ÿ 

The value of real estate is determined by location, demand, and the condition of the property ๐Ÿ™๏ธ

If you want to live there, others may too & vice versa! ๐ŸŒŸ

Real estate can provide a steady source of income through rental payments and can grow in value over time ๐Ÿ’ฐ

But, it can require a huge amount of money because buying a house is not cheap and a tenant is never guaranteed ๐Ÿ‘€

If you canโ€™t buy a house right now, you can look into โ€œreal estate investment trustsโ€ or โ€œREITsโ€ which you can invest in right on Bloom! ๐Ÿ˜๏ธ

REIT = a company that owns and manages many properties ๐Ÿ“ˆ

REITs are the ETFs of the real estate world ๐Ÿ˜๏ธ

Investing in a REIT allows you to own a piece of a portfolio of real estate without having to personally buy and manage land ๐Ÿ’ฐ

Before investing in real estate, make sure to do your research and carefully consider your investment goals and risk tolerance ๐Ÿค”

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