Most people who want to invest in real estate and make an income from it decide to buy a single-family home they then rent out, not understanding this really isn’t the best route. There are a number of problems going about things this way, real estate pro Christopher Linkas says. He points out some of these problems such as not getting much in the way of cash flow unless you bought the property outright. He also says this is excessively risky as if the property loses value, which can and does happen, the owner will end up upside down on their investment.
Christopher Linkas says a much better approach is to put your money into a passively managed commercial real estate ETF or mutual fund. One of the biggest benefits is that your investment will be very diversified, owning many real estate properties. He also points out that your liability will be capped according to how much you invested, unlike becoming a landlord. He says this approach is much easier, less risky, and less of a headache.
He worked in the financial sector for several years in New York before moving to London in 2012. Before moving he had worked for Goldman Sachs and RER Financial Group. He is now the managing director and European head of credit for a major UK financial company. He is responsible for managing this corporation’s real estate investments and handles other investments as well such as renewables.
Christopher Linkas says that he has advanced his career by networking with other professionals and being as active as he can be in the world of business. He says he enjoys working with others and collectively coming up with solutions to problems. He says that what any successful business is based on is solving someone’s problem(s) for others who will pay for it.
He also says that you need to have patience in order to succeed professionally. Christopher Linkas has said that business deals often take a while to form and so you need to be patient. He says that new entrepreneurs often try to do too much too quickly and end up failing because of this.
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