Real estate is the best investment for someone who is looking to enhance their portfolio and wants to have some passive income options. But it is always suggested to research properly about the property you are planning to invest in. There are so many factors that should be taken care of when you are planning to invest in the property, such as location, price, size, etc.

The moment you are planning to buy a home or buy a piece of land, you need to set a budget. To buy a house, it is recommended to not spend more than 30% of your salary. This means all the loans, EMIs, and the overall value of the house should not be more than 20x one’s annual income.