Real estate refers to properties such as houses, apartments, or commercial buildings that can be bought, sold, or rented out. This includes primary homes where you live, rental properties that generate income from tenants, and commercial properties like offices or retail spaces used for business purposes.
Real estate can provide a stable source of passive income through rental payments, potentially leading to long-term wealth accumulation.
Real estate investment requires significant upfront capital, ongoing maintenance costs, and can be subject to market fluctuations and risks such as vacancies or property damage.
(primary home, rental properties-residential, commercial)