Page 65 - SOBHA REALTY PR REPORT NOVEMBER 2023

The first step in growing one’s wealth through real estate investments is

awareness about various aspects of the market, its intricacies, risks, and
benefits. Investors must acquire a thorough understanding of the different
kinds of properties, rental yields, and market trends, to determine various
strategic techniques and effective measures that help them achieve their
financial objectives. Acquiring knowledge through seminars, books and

podcasts, as well as gaining expert insights from seasoned investors are
advocated in order to have a better grasp of various market nuances, trends,
as well as lucrative opportunities. Having a solid knowledge base enables
wise and informed investment decisions in real estate.

Ravi Menon, Co-Chairman of Sobha Realty said, “Investors must have
clearly defined financial objectives and a well-thought-out investing strategy
that takes into account elements such as the required cash flow, time horizon,
risk tolerance and anticipated return on investment. In the real estate

landscape, investors have the opportunities to build long-term wealth through
rental income and short-term gains from property flipping.”

While investing in rental real estate, location of the property is a crucial factor
to consider since it has a significant influence on property value and rental
returns. Properties in the best and most coveted locales increase demand
among buyers, which makes it imperative for investors to place a high priority
on location if they are to build wealth through rental earnings. Investors must

conduct in-depth research on suitable and potential investment locations,
while considering variables including job growth, infrastructure development,
population trends and amenities. It is ideal to choose properties in locations
that are desirable to potential renters.

Furthermore, a detailed financial analysis of properties considering factors,
including cost of the purchase, prospective rental revenue, operating costs,
maintenance costs and property taxes, is also important to analyse the overall
expenses. Investors can evaluate the property’s potential for cash flow and

see if it fits their investing objectives and strategies. Joint ownership or
fractional ownership may be beneficial in this situation. Fractional ownership
refers to splitting the cost of a property between two or more individuals or

https://www.cbnme.com/news/unlocking-path-to-financial-prosperity-wealth-creation-through-real-
estate-investments/