What Is Real Estate And Definition Of Real Estate ?
Is Real Estate Business Profitable ?
The simple answer to this question is ” Yes ” , But its all depends on you where you doing this business ( In a simple word location matter ) , your planning execution etc.
Real estate can include all tangible assets which is related to property , buildings, land, and underground rights below the lands.
Real Estate business is a type of business who help facilitate a transaction between the buyers and sellers of property.
Real estate can include all tangible assets which is related to property , buildings, land, and underground rights below the lands.
According to The Balance – Real Estate is defined as ” The property, land, buildings , air rights above the land and underground rights below the land.
Achieving profit in your real estate business comes through selling your asset after it increases in value and on rent
Types Of Real Estate ?
4 Basic types of real estate , each with a unique purpose and utility these types are as follows:-
- Land Real Estate
- Industrial Real Estate
- Commercial Real Estate
- Residential Real Estate
you see this categories of real estate and you think that what is the different among us , so, i can explain all these categories to know in a better way:-
1) Land Real Estate
Land is the baseline for all types of real estate business .Land includes vacant lots, working farms etc. The subcategories within vacant land include undeveloped, early development or reuse, subdivision and site assembly.
2) Industrial Real Estate
Industrial real estate includes manufacturing buildings and property, as well as warehouses. The buildings can be used for research, production, storage, and distribution of goods. Some buildings that distribute goods are considered to be commercial real estate.
3) Commercial Real Estate
Commercial property refers to land and buildings that are used by businesses to carry out their operations. Examples include shopping malls, individual stores, office buildings, parking lots, medical centers, and hotels.
4) Residential Real Estate
This is the most common type of estate and is the asset class that most people are familiar with . Residential real estate includes both new construction and resale homes.  Within residential, there are single-family homes, apartments, Penthouses, townhouses, and other types of living arrangements.