Topic > My interest in a career in real estate

Imagine you buy land in a growing city and five years later that land has doubled in value. The professional field that interests me most in the real estate sector is that of land investments. I am interested in the factors that can increase the value of a property, as well as the profitable returns that are possible in this field. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay Investing in land is one of the smartest things to invest in it. The amount of land on Earth is limited, and as the population grows, land will become more and more valuable. I think investing in the right types of soil would be very important. I would try to look at growing cities and buy land that is close enough to the city, so in a couple of years when the city expands the land will be worth even more. A land investment professional has a fairly simple job. They buy the land, wait as long as they want, and hopefully sell it and make a profit. Usually it is not private individuals who buy the land, it is usually an investment company, a bank or some type of organization. Occasionally people with enough money can start by buying land and hoping it will make money for them. In order to get a job as a real estate investor, most companies require a 4 degree business administration degree in real estate or investing. This isn't true for every situation, however some people can make it without a college degree if they start investing on their own. According to Indeed.com, the average salary of a real estate investor is $66,000 per year. This salary can change based on commissions or property performance, so the salary is not always set in stone. This job attracts me because I have always been interested in investing. When I was 13 my father opened a stock market account for me and allowed me to make some trades on it. I am also interested in real estate investing because I think land prices will only increase, especially in the long term, making the profit potential very high. As I said before, I would like to invest in land around growing cities and sell it later for profit. Investopedia.com had an article “10 Habits of Highly Effective Real Estate Investors” and one of the habits is to “develop a focus or niche.” I think focusing on expanding cities would be my niche. I could identify a growing city, such as Tampa, Jacksonville, or Charlotte, and purchase land right on the outskirts of the city. As the city grows, it will be necessary to create more residential housing, and that's when it will be possible to sell the land and make a good profit. Please note: this is just an example. Get a custom paper from our expert writers now.Get a custom essay In conclusion, I think being a real estate investor would be a very interesting and profitable job. You never know when the land you purchase will be worth double the price you originally purchased it for. Works Cited Barone, R. A., & Morey, R. C. (2000). Managerial investing in real estate: An agency perspective. Journal of Real Estate Finance and Economics, 21(1), 51-64.Case, K. E., & Shiller, R. J. (2003). Is there a bubble in the real estate market? Brookings Papers on Economic Activity, 2, 299-362. Cheng, P., Lin, T., & Liu, Y. (2016). Does land appreciation reflect the development of transportation infrastructure? Evidence from Taiwan's mass rapid transit system. Transportation Research, Part A: Policy and..