The real estate market is growing at a higher rate, and so, it is best to invest in the industry. Whether you want to be a full-time or part-time real estate investor, you are on the right path. A real estate investment can guarantee a steady flow of income for your family. However, ensure you are registered with FINRA (financial industry regulatory authority) to conduct business with the public. Look for FINRA exam sponsorship and ensure you pass to show competence in the industry.
Investing in real estate offers long-term financial security. So, take FINRA exam prep early enough to be successful. However, to enjoy the long-term benefits of real estate investing, it’s best to choose the property’s location carefully. Some areas develop quicker than others.
Another benefit of real estate investing is tax exemption. The government exempts tax from rental income, property depreciation, maintenance, and travel expenses. You should ensure you take the FINRA licensing exams and get FINRA securities registrations to enjoy such benefits. Doing so will help you enjoy your work and be your boss. Look for FINRA professional designations and reap the benefits and financial security of investing in real estate.
When it comes to investing in commercial real estate, the advantages are clear: because commercial properties are strictly used for business purposes, they offer a number of ways to make a profit, ranging from rent and sales to parking fees and tax benefits. This gives many investors the business opportunity they have been waiting for. However, when it comes to questions like “should I invest in real estate”, the answer often depends on the situation at hand. And with more than $160 million properties in the United States currently in default or foreclosure, the best way to find an ideal investment opportunity is to work with a professional advisor.
Hyundai Motor Company is one business that recently made a significant investment property mistake that might have been prevented with some good advice. After the South Korean government announced that they would be targeting companies who hoarded cash for tax increases, Hyundai and its partner company, Kia Motors Corporation, decided to buy a plot of land for their new headquarters in Seoul’s exclusive Gangnam district (the same area that inspired 2012’s catchy rap song). Unfortunately, the companies purchased the property for $10 million, three times its assessed value, angering stockholders who pointed out that the tax increase was meant to encourage businesses to spend more on wages, dividends, and other useful investments. In response, many investors dumped their stocks over fears that the companies were wasting funds that could have been returned to shareholders, and all while the automobile manufacturers struggle to compete with foreign corporations. Hyundai and Kia have since been forced to buy back an estimated $614.3 million of shares. However, this attempt to raise investors’ interest in their sinking share prices may be hampered by accusations that the company rejects transparency, an allegation their investment property mistake seems to have strengthened.
While the average person wondering “should I invest in real estate?” in the U.S. won’t have the same concerns as Kia and Hyundai, working without an advisor can result in similar problems for their reputation and finances. For this reason, it is typically recommended that both fledgling and seasoned investors work with a professional real estate advisor to help them identify good investment opportunities, manage inflow and outflow, and more. In most cases, the backgrounds and experiences of these advisors speak for themselves: for example, Brian L. Katz of American Real Estate Partners has worked in the real estate industry for over 25 years and has sold more than 15 million square feet of commercial property over the course of his career. Likewise, Brian Katz’s company, American Real Estate Partners, owns over 4.2 million square feet of high quality commercial property across the Northeast. The advantages are clear: if you are wondering “should I invest in real estate?”, hire a professional to avoid a Hyundai and Kia-sized mistake. This is a great source for more.