Some Of The Main Categories Of Real Estate Investing
Real estate is land including the structures and land on it, and its accompanying natural resources like water, plants or minerals; immovable property; a legal claim vested on the same, buildings or houses in general. Real estate investment refers to any investment strategy that increases the value of the property by buying, improving or repairing it or by leasing it. Real estate market includes commercial real estate, residential real estate, mobile homes, manufactured homes and vacant land. Real estate brokers are individuals or firms who are specialized in finding, purchasing, maintaining, selling, and managing real estate.
The four main types of residential real estate markets are: condominiums, apartments, town homes, single-family residences and mobile homes. Condominiums, apartments and town homes are available either as land divisions, stand-alone units or as developments located within a developed community. Most condominium developments are designed to include common areas, pools, fountains and covered patios. Industrial real estate includes office buildings, warehouses, manufacturing plants and retail stores.
Industrial real estate involves the building or remodeling of buildings used in producing products for commerce. These main types of real estate include: office buildings, warehouses, steel mills, mining facilities, manufacturing plants, retail stores and other service and manufacturing centers. Retail real estate includes strip malls, country clubs and hotels. Manufacturing facilities include factories, pulp mills, steel mills, glass manufacturing and other industrial facilities. Transportation infrastructure refers to the physical features of an area such as roads, airports, ports, public transportation and other relevant utilities.
The residential real estate market provides properties to homeowners and developers who are interested in developing properties to sell or rent. This market includes properties for sale to individual homeowners, families, vacation homes, condos and apartments and real estate owned by larger investors. The market also includes manufactured homes, townhouses and multi-family residences used for residential development. The commercial property used by restaurants, hotels, motels, bars and businesses is considered part of the commercial property used by the hospitality industry.
There are different types of real estate investment that an investor can choose from. They include: single family homes, apartments, condos, mobile homes, rental property and commercial structures such as office buildings, warehouses and shopping centers. Some of these properties may be used as a source of income while others may serve as a permanent home for those people who have decided to settle permanently. A homeowner can also go into business for themselves and rent out their personal property or use it to generate rental income.
One of the main categories of real estate investments involves permanent fixtures such as apartments, condos and townhouses. Permanent fixtures include items such as furniture, electronic equipment, automobiles and other items that cannot be moved. These items may be expensive, but they cannot be moved from one location to another. Those who buy residential properties usually put them up for lease so that they will be able to sell them on when they move on to bigger and more expensive places. However, some of the best investments involve purchasing real property that can be permanently attached to the property.