Real Estate Investing:
Viha and Sara have been friends since childhood. They attended the same school, played together, and shared countless moments. As they grew up, their paths diverged in college as they pursued their own academic passions.
It's been almost six years since they last saw each other. Time changes everything, doesn’t it? Life often doesn’t go as planned, and although they hoped to reunite and relive their old memories, their plans never materialized.
One day, Viha went to a bookstore. She's such a bookworm, and she loves reading daily—it’s part of her morning routine! While browsing in the psychology section, she noticed a girl standing in the philosophy section upstairs. She thought the girl looked like Sara!
She hurried up and was amazed to find it was indeed Sara!
Viha: Sara, is that you? (excitedly)
Sara: Viha, I can’t believe it’s you!
Viha: Hey, how have you been? It’s been so long! Where are you living now? What are you up to?
Sara: Everything’s going well! I heard you’re working on your dream home. I’m happy for you!
Viha: (laughs) Yes, it’s our big dream, and it’s all thanks to your real estate investing idea!
Sara: Come on, it was just an idea I shared a year ago. But you’re the one who made it happen, right?
Viha: Yes, but when are you going to start real estate investing (laughs)
Sara: I need to get started, but I’m unsure if it's a good choice.
(They left the bookstore, grabbing a few books, and continued their chat as they walked.)
Viha: I’m right here with you. Why are you hesitating? Are you nervous?
Sara: How did you know? (laughs)
Viha: (laughs) I’m your best friend! I was nervous too when I started investing. It was only when I stepped out of my comfort zone that I found my path.
Sara: Can you tell me more about real estate investing?
(They stopped at a coffee shop and continued their conversation over coffee.)
Viha: Sure! Real estate investinghas several key benefits:
1. Stable Income: Rental properties can provide a steady cash flow.
2. Long-Term Appreciation: Property values generally increase over time, building equity.
3. Debentures of Real Estate Firms: You can receive a steady monthly income from interest and have your principal returned at maturity if you invest in redeemable debentures issued by real estate firms.
Sara: What about taxes?
Viha: You can reduce your tax burden through deductions on mortgage interest, property taxes, and depreciation. Additionally, real estate often rises with inflation, protecting your investment, and adding it to your portfolio can diversify and reduce risk.
Sara: That sounds promising! I’ll definitely consider trying it out.
Viha: I also discovered an investment platform called GHL. It seems reliable based on my experience—take a look when you can.
Sara: Sure, I’ll definitely check it out.
After hugging each other farewell, they agreed to get together once a month
