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Q&A: How important is investing in real estate?

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Question by *capitaine_beau: How important is investing in real estate?
My father’s interested in buying a house and have it rented out. He’s saying it’s a really good investment and we can really get a good sum of money from it. Could you give me any websites that talks about all the things related to investing in real estate? I’m curious at all these especially during these hard economic times and money is hard to come by.

Best answer:

Answer by J.L.
Renting is never easy. Where I live there is a gang problem. Never take section 8 tenants, they usually cause endless problems, and damage. If you can’t afford the house, without collecting rent for three months, don’t do it. Eviction costs 0 and takes three months.

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Pune Properties – Real Estate India – Sucasa Layout
investing in real estate

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www.axiomestates.com/real-estate/properties.php?city=Pune…
Developed on 5 acres of land, the latest real estate project, SuCasa, features 80% of open green space for healthy living. The property features high-end amenities for a stress-free and relaxing lifestyle, such as beautiful landscaped gardens, clubhouse, swimming pool, basketball court, children’s play area, etc. On offer are 2 & 3 BHK apartments, duplexes and penthouses to suit various needs and budgets. Solar water heating and piped LPG in every apartment make life easy. The project’s proximity to Hinjewadi IT hub enables residents to enjoy all the conveniences of living in a developed area. Given the rising demand for real estate developments in the region, it also provides a great opportunity of investing in Pune properties.

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