Real Estate is a good way to make a good profit by your investing money. It is more profitable when you invest your money in good direction or type of real estate. Real Estate is such types-
Residential Real Sector
If you are invest in residential areas, then you will have homes or property of different size like single family or multi-family home. If you are looking at a multi-family unit, you can expect to have a big and spread home or attached home. A single family home will be completely independent and will be small shaped home. The sector is divide into-
Attached / multi-unit homes
. Apartment - An individual unit in a multi-unit building…
. Multi-family house - Often seen in multi-story attached buildings, where each floor is a separate apartment or unit.
. Terraced house - A number of single or multi-unit buildings in a continuous row with shared walls.
. Condominium - Building or complex, similar to apartments, owned by individuals.
.Duplex - Two units with one shared wall.
Single-family detached home
. Mobile homes - Potentially a full-time residence which can be movable on wheels.
. Houseboats - A floating home
. Tents - Usually very temporary, with roof and walls consisting only of fabric-like material.
Business Real Sector
It is also divided into several categories like commercial, manufacturing etc. The sector is divide into-
Appraisal: Professional valuation services
Brokerages: A fee charged by the mediator who facilitates a real estate transaction between the two parties.
Development: Improving land for use by adding or replacing buildings
Property management: Managing a property for its owner
Real estate marketing: Managing the sales side of the property business
Real estate investing: Managing the investment of real estate
Relocation services: Relocating people or business to a different country
Corporate Real Estate: Managing the real estate held by a corporation to support its core business.