Sahil Mehta also continued to work in the real estate sector, earning him five real estate assets, earning up to $ 515,000 a year, with the value of other real estate in hand. The total value is 9.4 million dollars. According to CNBC, “It’s an incredible feeling, not just because of the amount of money, but a sense of accomplishment,” he said, adding that he would share four strategies in Investment in the real estate sector is also offered.
1 Choose the right path for yourself
We all know that in this real estate sector there are many options, you have to choose which one to invest in, including: houses, commercial buildings, condos and land. Therefore, you need to choose a clear goal to invest in it based on the planning stage. Then choose a property that you think is good and think about your current location and finances, risk, experience, quantity you want to participate.
2 Account for cash flow
After choosing a section, you also need to be clear, do it confidently, be sure to become an expert in cash flow calculation, be aware of the potential of each asset and financial sector, because buying real estate Each must give you high responsibility and good cash flow management. Because there is also a transaction to save money for future improvements and emergency repairs, etc., which is why we have a clear calculation of cash flow.
3 Contact the seller directly
Everyone has the right to go to the auction site for real estate, but chances are you will not get the best deal. Sahil Mehta warns that you can think and act outside the market by being different, not like most people, if you want to get a higher percentage of real estate purchases than anyone else.
4 Focus on it
If you just do not have the guts to invest in it, you will not feel good about it and you will lose a lot of money and time. “If you are investing in real estate, you have to think twice about paying for it,” he said. On the other hand, you should be able to analyze how it works and be able to adequately implement other investment options so that it is worthwhile to be successful in this area.