Real estate: The ever-reliable investment

 

Eugene Bernshtam has always believed that there are countless advantages in investing in real estate. People will always need space to live in, put up their businesses, store their precious belongings, or set up for future rental. It truly is one of the most reliable investments people can ever make.

Image source: awoyokun.com


Image source: stacksource.com


For people who are looking to invest, Eugene Bernshtam says that real estate should be high, or maybe even at the top of their list. Even during times of economic turmoil, the prices of real estate have always remained steady. And now, looking back at some of the wealthiest tycoons in the world, a sizable number of them have always had real estate as their prime source of wealth.


According to Eugene Bernshtam, real estate's potential for profit has been recognized by countless individuals for way more than just a few centuries, which means it's been proven to be profitable by history itself. Though the real estate industry has evolved significantly, its principles and the venture's profitability stay the same.


Here's a scenario to illustrate how profitable real estate can be. A person owns a single apartment unit and has it rented out. A month's rent will be able to cover maintenance costs for several more months, which means the rent for the next few months will have minimal deductions. Now, imagine the person having five of these apartments filled with good, responsible, paying tenants, Eugene Bernshtam adds.

Eugene Bernshtam is a real estate developer and auto collector. At the moment, he heads Avalon Holdings, LLC and its affiliated entities. For similar posts, visit this page.

Comments

Post a Comment

Popular posts from this blog

Important points when restoring a Porsche 911

Image
Image source: tuningblog.eu The Porsche 911 is one of the most revered sports cars and the most difficult cars to restore. In today's blog post, Eugene Bernshtam shares important tips for those looking to restore a Porsche 911. 1. You can't simply restore a Porsche 911. Many people believe that it is possible just to purchase any old 911, do some basic maintenance, and it will be good as new. Unfortunately, restoring a car like this requires professional restoration work. Costly mistakes are easy to make if you don't know what you're doing (such as removing the wrong part or inlet cam, which can damage valves). If you don't know what you're doing, it would probably be best to leave this car up to the professionals. 2. Porsche 911s are collectibles. Porsche 911s never lose their value. Collectors will always pay top dollar for vintage 911s. It is because of this; you could restore the car once and sell it afterward to depreciate its value. However, you
Read more

The curious role of minimalism in real estate development

Image
Eugene Bernshtam notes that with the new decade now underway, real estate developers have been looking at the more exciting trends in the industry. One of these trends that’s both exciting and mysterious and, quite simply practical, is minimalist design. > Minimalism isn’t just about art or design; it is rooted in philosophy. Today, more and more developers, designers, architects, and engineers are opting to use minimalist design, not just for the exteriors of homes, but also for the inside. Image source: Decoist.com Image source: Weandthecolor.com The simplicity of minimalist design has gained a lot of traction over the past two decades, with the less-is-more approach. Today, gaudy is losing the design battle, at least in more modern homes and offices. But how and why has minimalist design appealed today more than ever? First of all, minimalism inside a home may make it appear bigger. With less furniture and fixtures, the living room or dining room may l
Read more