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

Six things to consider when picking your first apartment

Image
Any person who is picking out their first apartment maintains a certain level of excitement and nervousness at the same time. An apartment can mean many things to an individual. It can be a sign of maturity, freedom, independence, and adulthood, making it imperative for them to choose what is best for their situation. Image source: academichelp.net One of the reasons people move to a new home is to be near to their workplace. Always consider the commute . If leaving and coming home to an apartment requires one to sit in traffic for more than an hour, it will never be a reasonable pick. According to Eugene Bernshtam, one needs to test out the commute before signing any rental agreement. When an apartment is on the meager side, be sure to ask about utilities . There could be hidden or undisclosed utility charges that can cause monthly fees to balloon. Assess working heat and air . Often, old apartments suffer from thermostat problems. Get acquainted with the landlord . Things...
Read more

Beyond weightlifting: The difference between CrossFit and cross-training

Image
  Business leader Eugene Bernshtam stays healthy and fit through regular exercise and weightlifting. It’s one of his favorite hobbies, alongside traveling and cars. He has even gone the extra mile and blogged about the many things he knows about fitness to share with everyone who wants to adopt a fitter and healthier lifestyle. For today’s blog, Eugene Bernshtam looks at CrossFit and cross-training, two genres of exercise which people often confuse with one another simply because they have the word “cross.”  Image source: crossfit.com CrossFit CrossFit is a trademarked company that has introduced an incredibly intense and effective way to get fitter to the world. Almost every CrossFit workout program is high-intensity and functional. CrossFit has evolved and gotten bigger with more people signing up in CrossFit boxes over the years, the CrossFit equivalent of a gym. They even have an annual CrossFit Games competition, their version of the Olympics, Eugene Bernshtam ...
Read more