A Beginner's Guide to Investing Ep. 3: Real Estate
Roti, Kapda, aur Makaan – food, clothing, and a House. The idea of our own place to live in is entrenched in the trifecta of our very basic needs. While ‘home’ may be an idea, a house is a very real brick-and-mortar realisation of one’s dreams. A house to call one’s own, and the dream of making that house a home, one wall at a time, has been romanticised in art, music, film, and literature for millennia now. Home is where the heart is, and to most – if not all – the kernel of a home often begins in a house.
It is hard to think of a place in which to build memories as merely an investment. But in the cut-and-dried world of investments, land and building are but a form of investment. We have all seen Property Brothers or Flip This House or Flip That House to know that investment in real estate can be just that – an investment.
In the series to introduce aspects of various kinds of investment to beginners, this post tries and understands the basics of real estate investment – what it means, what kind of investment it is, what are the pros and cons of investing in real estate, and is it really an investment that youngsters who are only beginning to invest should participate in. Real estate investment is obviously a massive, and often confusing, maze, so on this curtain raiser to real estate investing, the podcast will tackle the basics.