It is known that in people the fear of not losing what is accumulated is stronger than the motivation to invest existing money and earn money on it. And investors argue that the biggest risk in investing is not to invest.
In any case, knowledge helps to overcome fear and avoid mistakes. Only at school they do not teach this, and not everyone has an entrepreneurial fuse. So, there is a serious need for ready-made recipes.
Definitely, one of the least risky ways to invest money and receive passive income without your own participation is Costa Rica real estate.
Namely the purchase and rental
Judge for yourself, we see offers and residential, office, mixed development condo and commercial real estate. At the construction stage and second handand then there are also land plots that will receive a building permit only in 5-7 years. And all these are types of investments for different purposes. In general, the head begins to spin. More questions than answers to them.
What is important for making a decision on real estate investment if your goal is passive income?
First of all, the level of profitability is important, the annual profit as a percentage, and so that the profit does not come from a future sale, but comes from the rental monthly.
Many offers on the real estate market in Israel and abroad are full of seductive promises. But before making a decision, you need to check well whether you will begin to receive a stable income immediately after acquiring real estate, or only after repairs, or changing tenants, or obtaining building permits and the construction itself? These are completely different investments and they are not suitable for everyone. Are you ready to wait?
Well, and such a “trifle”: what is the entrance ticket? Do you have enough money?
Of course, it would be most convenient to do this in Israel, since you can count on a mortgage that can expand opportunities. But the inflated price level and exorbitant taxation is such that it is not accessible to everyone. And those who are available understand that it is not profitable to invest in Israel today.
A model that has proven itself and has been successfully working for seven years in 19 projects, allowing private investors – and the company has more than a thousand of them – to participate in large projects.
In these complexes, as well as in all projects, all rental agreements are concluded for a long period without the tenant leaving the agreement. Both real estate complexes have a favorable location, are well equipped and are convenient for their proximity to the central transport highways.
Local bank involvement
Of course, you know what you need to check with whom you are dealing. Always find out who the owners of the company are, what is their reputation and experience. Do it by any means, good today, in the era of the Internet, a lot of data is in the public domain. Do not neglect the reviews of existing customers, talk with them, get recommendations.