My recommendation is, if you really have the opportunity, you should do it.
But I recommend you really read a bit more before you put your money in. There are countries where property yields are higher. This phenomenon extends beyond individual states and encompasses entire regions. The determining factor is close jobs and excellent communication. Purchasing property is an option, but if it doesn't generate income, it may not be the best use of your funds. I have bitter experience with such properties. The low price lures you in. Yes, but you also freeze that money. Always follow the 30/30/3 rule for buying property as a minimum. This advice applies to both personal and investment purchases. For me, this is the rule for a successful purchase, but I never use credit. The best thing is that if you don't have money for your own property investment, you can invest in property management funds.
You have the opportunity to invest a small amount each month. REITs are the best because they are legally required to pay out up to 90 percent of their profits. The little money you have can bring you income. Rather than accumulating it in the bank and letting inflation erode it, you can use it to generate income.
Author Sezgin Ismailov
