Real estate is property comprised of land and any structure(s) or natural resource on it, including water bodies and mineral deposits, as well as any flora or fauna. Based on its use, real estate can be grouped into three broad categories:
- Industrial properties, e.g. factories and mines.
- Commercial properties, e.g. office buildings, retail store buildings, and warehouses.
- Residential properties, e.g. undeveloped land, condominiums, and private residences.
Investments are essential for wealth creation. It’s not enough to leave your cash in the bank, where you will get negligible monthly interests. Invest in real estate today. It is something you have to do at some point before you retire, if you want to be comfortable financially. Why not give yourself a good head start?
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