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Types of Property Investments
Property investment isn't a one-size-fits-all endeavor. There are various types to consider, each with unique benefits:
- Residential Properties: These include single-family homes, condos, and multi-family units. They are popular for their steady demand and potential for rental income.
- Commercial Properties: These involve office buildings, retail spaces, and industrial properties. They often offer higher returns but require more capital and expertise.
- Real Estate Investment Trusts (REITs): For those seeking exposure without direct property management, REITs offer a way to invest in real estate portfolios managed by professionals2.