Why should I invest in property?

The short answer is that investing in property is a way to make money. People who invest in property usually go down one of three routes in order to make money from their investment. These three routes are as follows:

1. Renting – When you buy a property and rent it out, you'll stand to earn a stable monthly income from your tenants.
2. Selling – Some investors purchase properties, refurbish or renovate them, and sell them later at a higher price. This is also called property flipping. They may often refurbish the property themselves or at the lowest possible price so they make more money.
3. Property investment fund – If you don't want to buy a property yourself, you can reap the same benefits by investing in a property investment fund. These types of funds are also known as REITs, or Real Estate Investment Trusts.