What Is Real Estate?
Real estate is defined as the land and any permanent structures, like a home, or improvements attached to the land, whether natural or man-made.
Real estate is a form of real property. It differs from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, and farm equipment.
- Real estate is considered real property that includes land and anything permanently attached to it or built on it, whether natural or man-made.
- There are five main categories of real estate which include residential, commercial, industrial, raw land, and special use.
- Investing in real estate includes purchasing a home, rental property, or land.
- Indirect investment in real estate can be made via REITs or through pooled real estate investment.