World over, real estate remains the best investment vehicle, and the easiest and safest way for people to invest and make money. Over the last couple of years, there has been a real estate boom in Uganda. While some analysts have pointed to a potential bubble within the real estate industry, for the savvy investor, this is still one of the best ways to build assets, create wealth and earn a passive income.
One reason for this is that there will always be a need for a roof over one’s head, office space and many other needs related to real estate. In Uganda when banks increased interest rates on mortgages, many people were negatively affected because the new rates impacted on their lifestyles.
You might have read articles about key city businessmen losing their properties to banks and the banks being stuck with houses they had foreclosed on. The real estate market seems tricky now, and for some, your fingers have might been burnt, so to speak.
In these articles we show that the secrets to real estate investment include educating oneself, learning how to identify good property deals, putting deals together and raising capital. With property, you can diversify your investment portfolio. We will also show how you can eventually diversify your portfolio by having properties in other markets around the world.
Read more: Daily Monitor