Invest for beginners : Beleggen in real estate
BOTS wants to ensure that everyone in the world has the opportunity to build up a second passive income through investment. Not everyone has experience with investing yet. That is why we are now sharing more information every week in our "Investing for beginners" series.
Investing for beginners
Last time we shared more information about bonds in our "Investing for beginners" series. What types of bonds are there and why do people choose to invest in bonds?
You can read the whole article back here.
Today we focus on investing in real estate for beginners. What is it and can you make extra money with it?
Investing in real estate
Maybe you have someone in your circle of acquaintances who invests in real estate. That someone's probably really excited about this. Investing in real estate is seen as a solid way to build up a passive income.
But what is investing in real estate anyway?
Investing in real estate is investing money in real estate, i.e. land and associated buildings that are fixed to the ground, with the aim of achieving a return so that you end up earning more money than you have invested.
Sounds simple, but how do you start investing in real estate?
How to invest in real estate
You can invest in different types of real estate. Think of apartments, houses, offices, shops and even hotels. The biggest difference between these forms is the price range.
An average terraced house now costs between €250,000 and €300,000. Not an amount that everyone has just lying around. Do you have this? Congratulations, you can now buy a house and rent it out and you have created a passive income stream for yourself.
If you do not have this amount, there are still opportunities to start investing in real estate. Everything depends on your personal possibilities to get an (extra) mortgage.
You can get more information about this via your bank.
Advantages and disadvantages of investing in real estate
Like all other ways of investing, this form has its own advantages and disadvantages.
Advantages of investing in real estate: Real estate will always exist and there is always demand for housing. In addition, it offers protection against inflation and the return is often higher than other forms of investment. This allows you to create a passive income stream for yourself. And finally, this new income stream allows you to reinvest in real estate. The leverage effect. In this way you expand your real estate with more returns and more income.
Disadvantages of investing in real estate: Often at least 20% own money is expected on the purchase of real estate. Not everyone has this just lying around. You also have to take into account all unforeseen costs and maintenance costs. These are always at your expense. Finally, you will also have to make sure that your property is rented out yourself. No tenant means no income while the costs for maintenance and mortgage just go through.
The BOTS app and real estate
Perhaps unnecessary to mention that the BOTS app does nothing to invest in real estate. Not now, but not in the future either.
Our investment focus for now is on crypto funds. And we do this in an automated way. With bots. In our BOTS app, you can choose a particular bot. This bot is developed by specialized developers and works through algorithms, artificial intelligence and machine learning. This eliminates the need to invest via a (digital) fund manager. So you don't pay for the costs they incur to be able to invest for you. In the long run, we do not only want to offer crypto investments, but also shares, bonds and investment funds.
The efficiency that a bot achieves, compared to a human being, is significantly higher. A bot does not sleep and can therefore react directly to changes in your cryptofound. Also, a bot has no emotion that partly determines how your investments are handled.
In this way, investing with higher returns becomes feasible for everyone. The best trading strategies were only available to the richest 3% in the world. Because of our bots now also for you. You can start within 2 minutes and from € 50,-.
Investing is for everyone
Everyone should be able to invest. And now they can. With BOTS. Together we are going to make the world of investment fairer and more transparent. Are you interested, but your question hasn't been answered yet? Take a look at the FAQs on our site. Or contact us, we will be happy to explain it to you in person.
The BOTS app is now live
There is no such thing as risk-free trading. It is possible to lose (part of) your stake.