More than a third of people under 30 are not concerned about taking risks with their money.
Franchises are one of the best alternatives for those who aim not only to increase their income but also to do so in the long term.
The real estate sector has historically been one of the most solid investment pillars. With urbanization and the constant growth of cities, the demand for properties shows no signs of slowing down, which means that for young people, venturing into the real estate sector can be an excellent way to build wealth and secure a stable financial future.
It is important to note that, in addition to wanting to boost their economy for a better retirement, a large part of this population seeks a way to finance their projects. The advantage for those under 30 is that they often have more disposable income, as their expenses may be more limited. According to data analyst YouGov Profiles, 36.3% of this group is not bothered by taking risks with their money, and, like millennials, 33.1% are more interested in finding productive ways to invest.
While there are many initiatives to start a business in our country, each one is very different, as it requires diverse amounts, and in the world of real estate investment, this is no exception, as it encompasses different options and strategies that will help you embark on the journey to success. Below, we present some of them:
• Residential properties: This is one of the safest and most popular options, as it offers the possibility to consider buying an apartment or a small house to rent. This type of investment not only generates passive income through rent but also allows you to benefit from the appreciation of the property’s value over time.
• Commercial real estate: Whether office spaces, retail stores, or industrial spaces, these can offer higher returns than residential properties. Although the risk may be higher, the long-term profitability can justify the initial investment, which is why it’s crucial to conduct a thorough market and location analysis before investing in these.
• REIT investments (Real Estate Investment Trusts): For those seeking diversification and a lower time commitment, REITs are an excellent option. These funds allow investors to acquire shares in a portfolio of professionally managed real estate properties, and also provide a way to invest in real estate without the need to manage properties directly.
• Franchises: They offer a unique opportunity for those interested in the sector without the need to develop a business from scratch, as they allow young people to benefit from an established brand, a proven business model, and ongoing support from the franchisor. This option significantly reduces the risks associated with starting a new business and provides a clear structure for success.
• Real Estate Crowdfunding: This alternative has gained popularity in recent years, as it is a platform that allows small investors to participate in large real estate projects. With a relatively low initial investment, young people can diversify their portfolio and access opportunities that would otherwise be out of their reach.
• Renovation and resale properties: If you have an entrepreneurial attitude and renovation skills, buying properties to modernize and resell them can be a profitable strategy. Although this approach requires more effort and market knowledge, the potential profits can be significant.
In conclusion, investing in real estate can be one of the best decisions young people can make. The key is to start with a solid foundation of financial education, conduct a thorough market analysis, and seek professional advice. Additionally, diversification is essential to mitigate risks and maximize returns. With careful planning and a well-defined strategy, it is possible to build a robust portfolio and ensure a prosperous financial future.
Guía rápida para Comprar Inmuebles en CDMX
Coldwell Banker México: coldwellbanker.com.mx
https://business.yougov.com/es/content/49801-mexico-mejores-finanzas-2024-son-millennials
https://plalla.com/invertir-en-bienes-raices/
https://propiedades.com/blog/informacion-inmobiliaria/inversion-inmuebles-comerciales
https://principal.com.mx/blog/actualidad/conviene-invertir-en-bienes-raices
