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27 Sep 2016

Precisely what is Real estate?

The question, "What is property investing?" cannot be answered without considering first, it's textbook definition then it's conceptual definition. Park Place Residences

The tutorial Definition

Property has been defined as land (or immovable property) together with anything permanently affixed to the land for example buildings, and investment is the act of utilizing money to purchase property for your sole reason for holding or leasing for income. It's safe to say then (combining both definitions) that real estate investment demands the buying of real estate (or acquisition of real-estate) for reasons like generating income, making a profit, and acquiring wealth.

The Conceptual Definition

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