REAL ESTATE
In simple words, Real estate means a house, shop, building, flat etc. Buying and selling of these is called the Real Estate business. If we go by the dictionary meaning it is a property which is attached to land and different from Vehicles, yachts, jewels, furniture, and farm equipment which are not permanently attached to land. Real Estate can be divided into four parts i.e. residential, commercial, industrial and plot. In short, Real Estate is a physical property.
| RESIDENTIAL REAL ESTATE | COMMERCIAL REAL ESTATE | INDUSTRIAL REAL ESTATE | PLOT OF LAND |
| Property which is used to live for individuals, families, or a group of people | Property which is used for earning revenue | Property which is used for production and warehouse for goods | Property which is not constructed for any purposes. Property which is vacant is called plot. |
| Ex- family homes, apartment ,townhouses etc. | Shopping malls , medical and educational building, offices etc. | Factories, warehouses | Working farms, ranches |
In short, Real Estate is a physical property.
HOW TO EARN MONEY IN REAL ESTATE
Now days many people are earning good money by working in Real Estate business. Now we are going to tell you, how to earn money in real estate.
- BECOME A LANDLORD: – Simplest way to earn money in Real Estate is to become a landlord. You can give your residential or commercial property on rent. There are many cities like Delhi, Mumbai where people earn well by seeing their house on rent.
- BECOME AN ESTATE AGENT: –This is the easiest and most popular method. Real estate agent is also called property dealer. In the earlier time, any person can become a property dealer because that time registration for this had not compulsory. But now, people have to register to become a property dealer. Property dealer first find property for sale and then they find suitable clients to purchase the property. In this method of earning money, no investment is required in real estate.
- MANAGE PROPERTY AND EARN:- If you earn money without investing in real estate, then this is the best way to earn money in real estate but without investing in this. In this method, you can do the work of taking care of property and collecting rent for real estate companies. If you live in cities then this opportunity will be better for you because many real estate companies and clients are available in cities.
- CONSTRUCTION MANAGEMENT: –If you have proper knowledge of construction or you have done the study of civil engineering, then you can do this work very well. In this work, the person has to look after the work of construction management, which means they are appointed at a site where construction work is going on. But to do the work of construction management, it is important that you get the appropriate information from it in advance.
- BECOME A REAL ESTATE PHOTOGRAPHER: -By doing real estate photography, you can become a good photographer. As a real estate photographer, you can order a property seller or landlord to provide photos of their property to them, which can be used as sales material on the property’s online site.
Thus, these are the some easiest and simplest ways to earn money by real estate business.