Residential Property Investment

Residential property investment involves purchasing homes or apartments to generate income or profit. Investors typically buy properties to rent them out, earning monthly rental payments. Over time, the property's value may increase, allowing the investor to sell it for a profit. This type of investment can provide a steady cash flow and potential tax benefits. However, it also comes with risks, such as market fluctuations, property maintenance costs, and the need for effective management. Understanding the local real estate market and the financial implications is crucial for success in residential property investment.