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Real estate: The ever-reliable investment

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  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 i...

Real estate development mistakes you should avoid

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There are a lot of businesses that can be categorized as “high-risk, high-reward.” One such business is real estate development. Unlike other endeavors, a real estate business doesn’t rely much on equipment, logistics, or other hardware. More often than not, you can run your own real estate development firm from a small office or even your home. Image source: five-stargroup.com Image source: realtor.com According to Eugene Bernshtam, what is necessary in real estate is capital, knowledge, charisma, and passion for the business. And while knowledge can be acquired with experience, there is very little room for error in real estate development as it is often costly. Here is a couple of common real estate development mistakes you should avoid. Underestimating expenses Looks can be deceiving, especially when it comes to real estate development. What may look like a well-priced home could turn into a nightmare buy upon further inspection. Jumping the gun without con...