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Types of Property Investments

There are several types of property investments to consider, each with its own benefits and challenges:

• Residential Properties: These include single-family homes, condos, and multi-family units. They are often seen as a starting point for new investors due to their relative affordability and familiarity.
• Commercial Properties: This category encompasses office buildings, retail spaces, and industrial properties. While they require a higher initial investment, they typically offer higher returns and longer lease terms.
• Real Estate Investment Trusts (REITs): For those who prefer a more hands-off approach, REITs allow you to invest in real estate portfolios managed by professionals. They offer liquidity and diversification, similar to stocks.