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Topic: All millions are from real estate. - page 4. (Read 910 times)

hero member
Activity: 2086
Merit: 575
August 15, 2023, 05:53:24 PM
#76
As someone who has lived all his life in a nation that cares about real estate way more than it should, I could easily say that it can make you money at the right market with the right approach, but also seen a lot of companies go bankrupt as well. You need to realize that you are tying up a ton of capital all at once, you need the land, you need the materials, you need the workers payments, you need everything you have to pay in order to finish it. Some start it with not enough money, thinking they can sell some of the houses before they even start, and there is a chance they fail, hence the construction stops, since there is no payment, and suddenly it becomes a failed project with a bankrupted company. Hence, you should always have the money for it when you are first starting out.
legendary
Activity: 3416
Merit: 1225
August 15, 2023, 05:40:49 PM
#75

We see , millioners are growing from real estate. Other businesses are also available but real estate industry is fast income growing industry. Builders also get benefit from real estate, they work on foreigners projects, builders invest foreigner  money. Real estate industry is continuously growing.

Yes it is in fact here in our country 3 of our billionaires come from real estate and they have ventured from every city here in our country, there is a lot of money to be made from real estate but you also need a lot of money to invest on it, years ago if you want to invest in real estate you just a good communication skill to sell but now to attract more buyers and gain reputation in the real estate business you should have a license.
Real estate creates community and more jobs, but you must have extensive knowledge and insight when buying lots you have to check its potential in the coming years for you to make a profit from the lands you are buying, and you should have an edge over the competitor, especially in popular cities where there are a lot of real estate developers.
sr. member
Activity: 2604
Merit: 338
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August 15, 2023, 04:27:25 PM
#74
I feel like real estate investments are safest ones unless you are on earthquake zones. But eventually this totally depends on country. Some countries like Japan is small but population is decreasing. Demand for real estates are constantly increasing only in countries where they make lot of babies + high migration. If we consider environmental crises too Europe is very likely good market for future because of these.

Not only does the effect of natural calamities that you're looking into when choosing properties or investing in real state. There are actually a lot of things to consider, one of the main thing to consider is the location. Good locations are very rare to find, if you find one it would be costly for sure. Cheaper once are usually far from the city where a lot of businesses are situated.
Earthquake is not really the main concern in the countries which lies near the pacific ring of fire, because their infrastructure are mostly built to withstand the most possible strongest earthquake to happen. Just like how Japan designed the foundation of their building. 
Natural calamities could neither hit those structured on rural or urban areas on which there's no simply those kind of exemptions but its true that there are places which are prone to landslides.If you are that someone

who do have the money to invest on buying up a property, do you really consider out on buying on which it is really that located into those earthquake prone areas? You wont really be on your right mind on doing that.
It is true that the most common consideration or factor that you would really be needing to check is the location but of course its not really that something cheap but on the time that you are really that able to buy those properties then expect that sooner or later those price would really be that appreciating.

This it the beauty if you have invested in real estate or land properties but just like the rest been saying that it doesnt really come cheap on which it would really be that something that not most people
would be able to attain or get a hold off because not all would really be that financially capable on buying up properties or lots and this is why they would really be having that going after with
other possible options that they could really be able to dive in.
hero member
Activity: 2716
Merit: 552
August 15, 2023, 04:15:03 PM
#73
I feel like real estate investments are safest ones unless you are on earthquake zones. But eventually this totally depends on country. Some countries like Japan is small but population is decreasing. Demand for real estates are constantly increasing only in countries where they make lot of babies + high migration. If we consider environmental crises too Europe is very likely good market for future because of these.

Not only does the effect of natural calamities that you're looking into when choosing properties or investing in real state. There are actually a lot of things to consider, one of the main thing to consider is the location. Good locations are very rare to find, if you find one it would be costly for sure. Cheaper once are usually far from the city where a lot of businesses are situated.
Earthquake is not really the main concern in the countries which lies near the pacific ring of fire, because their infrastructure are mostly built to withstand the most possible strongest earthquake to happen. Just like how Japan designed the foundation of their building. 
sr. member
Activity: 462
Merit: 328
August 15, 2023, 02:31:52 PM
#72
Snip ~

After reading all this, I had only one question: what did you want to say with your post? What can you become a millionaire by investing in real estate? What is your message to forum members?
Simply, I want to say that we should invest 60 percent of our wealth in real estate. Real estate industry is safe, if we want to invest in long term. For long term investment, real estate will be very helpful for growing our wealth. I mean, people should read books about real estate investment because basic knowledge should be clear for every person, I want to motivate people to read books because knowledge is power and through this power ,we can change our country fate. I see many people who earn a lot of money but they bankrupted due to lack of financial knowledge. With this experience, I want to people to invest in real estate, because in this way they will be safe and can get handsome return on investment. In this way, they will never be bankrupt and their life will be easy in last year's of age. Their life will be easy and they have not to work for money but money will work for them. This topic is very detailed and I cannot give all information in one post.
hero member
Activity: 1120
Merit: 504
August 15, 2023, 09:28:03 AM
#71
Real estate is a big business which of course provides big profits, many real estate entrepreneurs can be successful because they combine residential concepts with environmental maintenance costs so that it becomes a continuous income, of course it takes hard work and large capital to become a real estate entrepreneur.

Real estate is not just one type, because there are several types of models so that the way to maintain it is also different and the costs involved in maintaining it are also different. And if you're talking about an entrepreneur who can be successful in real estate by combining a residential concept with everything else in the neighborhood, I think an entrepreneur is going to be a lot more difficult to maintain. Because real estate that is more towards the concept of housing is real estate such as housing and other types of buildings that can be rented out or occupied by a group of people.

Meanwhile, the concept of plantation that is more synonymous with the environment is real estate which is only seen in the layout of the land which is easier for many people to access along with the size of the existing land. So how to maintain or look after it will certainly be very different from real estate whose concept is residential so that the owner must also know how much costs per year he must provide to maintain the real estate assets he already has.
full member
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
August 15, 2023, 08:48:50 AM
#70
Land has always been wealth through ages. That is only until recently tech boom trying to challenge the brick and mortar dominating on finance. Thus the advice of boomer passing down generation after generation to keep telling kids to go to school, learn to code, get a job and buy house , but if you get into interest such as video game then immediately you would be quickly labelled outcast, failure or delusional. But that doesn't stop tech notably in semiconductor industry from booming in popularity and capturing some of the wealth.
sr. member
Activity: 2366
Merit: 448
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August 15, 2023, 08:47:40 AM
#69
Business or property investment is indeed very promising given the increasing population. But it's also important to invest in property, think about a plan and make sure it's really for the long term, or at least the medium term. And, make sure we also have extra money in case there is an urgent need. Do not let us end up having to sell the property we have bought, at a price far below the market price because we need fast money.
And what is important for us to pay attention to is the location and area we choose, because if in that area property prices are relatively too expensive. I think it will be very difficult for us to get a big profit, because the increase will not be significant anymore and when we really need money there is no option to sell at the same price or below the purchase price because of an urgent need.
Indeed, we can rent out our property and it can be used as a passive need every month. But the problem is when we want to sell it, property prices that are very expensive tend to be difficult to sell for years or even decades. And this problem occurs a lot, because people who want to buy tend not to want it at a high price and will look for something else.
sr. member
Activity: 1316
Merit: 422
August 15, 2023, 08:43:32 AM
#68
I feel like real estate investments are safest ones unless you are on earthquake zones. But eventually this totally depends on country. Some countries like Japan is small but population is decreasing. Demand for real estates are constantly increasing only in countries where they make lot of babies + high migration. If we consider environmental crises too Europe is very likely good market for future because of these.
The location of real estate is also a benchmark for running or failing the investment, a strategic location or being in an urban area will be very profitable because the price will increase every year. Not everyone can run this business because it requires large capital, but if you invest in Bitcoin, anyone can do it, anywhere and anytime, regardless of the user's location. Bitcoin investment also doesn't require large capital, no time limit, you can sell it whenever you want if the price has increased from the initial price when you bought it.
sr. member
Activity: 1484
Merit: 254
August 15, 2023, 08:20:22 AM
#67
Real estate is a big business which of course provides big profits, many real estate entrepreneurs can be successful because they combine residential concepts with environmental maintenance costs so that it becomes a continuous income, of course it takes hard work and large capital to become a real estate entrepreneur.
hero member
Activity: 2968
Merit: 687
August 14, 2023, 04:58:39 PM
#66
Investing in real estate is one of the most obvious things to do, but that won't necessarily make a person rich. Firstly, the vast majority of people can't afford to buy real estate because it's a very significant amount of money to pour into something. Secondly, if the property is fairly spacious and renovated, it can be a real challenge to rent it out at a decent price, unless you live in a country where the demand for rent is much higher than the supply. And a lot of things depend on a country if you think about it. The prices, the market's stability, the demand depend highly on where you are.
What's attractive with Bitcoin is that you don't need a huge amount of money to invest, whereas you really need a significant amount of funds available to invest in real estate.
I agree with you, and also the increase in the price of real estate assets does depend on the geographical situation of the place if you find a place in a metropolitan city, it will definitely develop fast, but it does require enough resources if we want to invest in it especially if you want to build property on it Or shops or anything, but indeed this can be more clearly calculated the benefits in the long time if you are able to manage it well.
Some additions in investing in Bitcoin we do not require maintenance costs like real estate, and have it without having to pay annual taxes.
One of the risks on dealing with real estate is on the time that you had bought something which isnt really that included or being located on a strategical kind of location on which it would really be leading to have that

stagnant increase of your properties value or whatever correlates to it.This is why on the time that you would be making out some purchase then it would really be that impossible that you wont really be thinking off with these factors, unless if you do bought one for your personal and not for making it as an asset then it should be fine but if you do have plans on making it as an asset then it would really be normal on having this kind of approach. Well, not all investment does really impose out assurance but real estate then i could definitely say that it would really be worth and ideal but just like been said that not all would really be having the
funds and money for them to start up.

Even how i do much prefer nor do like on buying properties but since im just a poor dude then im not really that capable on purchasing one.,This is why i do really get jealous
on the time i have able to passed some for rent properties and imagining on their potential income per month which this is really my long time wish and trying out to pursue such goal
but well this is infact the reality which we cant really avoid.
full member
Activity: 618
Merit: 145
August 14, 2023, 04:30:32 PM
#65
I admit that the real estate market can offer solid investment opportunities and diversification for those who understand the market well and are willing to dedicate time and effort to research and analysis… Well, the commercial market can be lucrative, but it can also be more complex and risky. than the residential market... Commercial properties may have higher returns, but may also require more active and specialized management. In addition, investing in land can be more speculative, since it does not generate direct income streams. . But… Land values can increase over time due to factors such as urban development and land shortages in desired areas.

But with all this I feel that there are better investment methods... I am not saying that it is a bad option but it is not the only one that can make you prosper and have great profits, since this type of investment carries risks and requires in-depth knowledge, an careful planning and effective management… I have always said that each investment strategy has its own advantages and challenges, and I think it is important to evaluate them based on your financial objectives, risk tolerance and above all your personal situation.
hero member
Activity: 2170
Merit: 530
August 14, 2023, 02:02:58 PM
#64
You should also take into consideration where it is located because there are more buyers or renters when you are on a busy street, and you can raise the price of it, but again, there are few properties that are in remote areas like mountains because a lot of people in the cities, who are somewhat rich, rent or buy a place where they can relax. This is really a good investment but requires a good amount of capital. I do prefer mostly rentals as I can think of them as passive income on a monthly basis, and I just need to maintain the house for the tenants.
I highly agree with this one. Also it depends on the real estate agent, he or she should know how to get her clients through their words. Because all of the times they can only get commissions and it is not yet so big, but when they established their name in the real estate world it could be good for them and many owners will contact them for sure. One of our senator here become of the billionaire in the country by doing real estate.
hero member
Activity: 2114
Merit: 603
August 14, 2023, 01:39:07 PM
#63
I feel like real estate investments are safest ones unless you are on earthquake zones. But eventually this totally depends on country. Some countries like Japan is small but population is decreasing. Demand for real estates are constantly increasing only in countries where they make lot of babies + high migration. If we consider environmental crises too Europe is very likely good market for future because of these.

Haha, I like the fact that you stated “where they make lot of babies”. In other words wherever the population per capita rate is highest will have the high demand of real estate. I think this is the reason many Asian countries are seeing the steepest rise in price of real estate. Imagine the same rate in western hemisphere that is either constant or rising at lower rates in comparison. The population is literally thin in the western countries. However they have another trend where their properties are valued more. For example a piece of land in Asian country might cost same as owning an apartment in the New York or maybe London for that matter. The geographical differences and population will always be major factor.
legendary
Activity: 3234
Merit: 1214
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August 14, 2023, 11:59:28 AM
#62
I feel like real estate investments are safest ones unless you are on earthquake zones. But eventually this totally depends on country. Some countries like Japan is small but population is decreasing. Demand for real estates are constantly increasing only in countries where they make lot of babies + high migration. If we consider environmental crises too Europe is very likely good market for future because of these.
This can be seen all around the world. When it comes to real estate it is much connected with the locality. I've seen campuses that are completely isolated and surrounding common floor pattern. Those regions market will be bargained stating the poor people around. Real estate is a big source of income, but the way things handled around makes it a question. Europe is a big market, however the trend swift happening is common.
hero member
Activity: 2366
Merit: 594
August 14, 2023, 08:43:17 AM
#61
You should also take into consideration where it is located because there are more buyers or renters when you are on a busy street, and you can raise the price of it, but again, there are few properties that are in remote areas like mountains because a lot of people in the cities, who are somewhat rich, rent or buy a place where they can relax. This is really a good investment but requires a good amount of capital. I do prefer mostly rentals as I can think of them as passive income on a monthly basis, and I just need to maintain the house for the tenants.
legendary
Activity: 2436
Merit: 1366
August 14, 2023, 08:22:48 AM
#60
I feel like real estate investments are safest ones unless you are on earthquake zones. But eventually this totally depends on country. Some countries like Japan is small but population is decreasing. Demand for real estates are constantly increasing only in countries where they make lot of babies + high migration. If we consider environmental crises too Europe is very likely good market for future because of these.
sr. member
Activity: 728
Merit: 388
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August 14, 2023, 08:10:39 AM
#59
My parents own houses they are currently making money from, which is a good investment, but they have always complained about poor tenants who destroy everything in the house, and when they leave, they sometimes remove items that would be useful to future tenants, some people are this bad.

In most cases, when they get paid, they have to spend more than 70% of the money they receive on home repairs and damages. Managing a house isn't easy, which is why some choose other businesses and investments. You have to know what you are going into, and whether it is a good idea for you.

Don't always think about the amount you will make per year when making investment decisions, make sure it is something you can handle, it's all down to location or country but this is what my experience about housing is like.
hero member
Activity: 2184
Merit: 599
August 14, 2023, 07:54:59 AM
#58
Investing in real estate is one of the most obvious things to do, but that won't necessarily make a person rich. Firstly, the vast majority of people can't afford to buy real estate because it's a very significant amount of money to pour into something. Secondly, if the property is fairly spacious and renovated, it can be a real challenge to rent it out at a decent price, unless you live in a country where the demand for rent is much higher than the supply. And a lot of things depend on a country if you think about it. The prices, the market's stability, the demand depend highly on where you are.
What's attractive with Bitcoin is that you don't need a huge amount of money to invest, whereas you really need a significant amount of funds available to invest in real estate.
I agree with you, and also the increase in the price of real estate assets does depend on the geographical situation of the place if you find a place in a metropolitan city, it will definitely develop fast, but it does require enough resources if we want to invest in it especially if you want to build property on it Or shops or anything, but indeed this can be more clearly calculated the benefits in the long time if you are able to manage it well.
Some additions in investing in Bitcoin we do not require maintenance costs like real estate, and have it without having to pay annual taxes.
hero member
Activity: 742
Merit: 633
August 14, 2023, 07:48:08 AM
#57
If all successful millionaires are from real estate, it means: people who own 10,000 Bitcoin is poor, people who own 100,000 Tesla shares is poor, people who work as senior full stack developer is poor etc. Every motivators will always say real estate is the only way to become rich, but actually isn't, they're tend to convince people to start a business even it's small.

This forum is Bitcointalk, if it's realestatetalk then I wouldn't surprised to see this kind thread.
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