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Topic: All millions are from real estate. - page 6. (Read 848 times)

hero member
Activity: 714
Merit: 606
August 13, 2023, 02:05:34 AM
#36
We can see which person and buy property from that. Rental properties are best options because these give fare after every month. We can also take advance from lessee. After 5 to 8 years, retal property value will be double. In this way, we can in rental properties safely.
Do you think there's always a person willing to rent your property? do you think every people who rent your property will want to pay the rent fee at the due? most of people who take a rent because they don't have a lot money and they will not able to pay upfront, good luck to find people who willing to pay upfront.

Too many risk in real estate, similar like you want to create a business.
sr. member
Activity: 1022
Merit: 368
August 13, 2023, 01:49:34 AM
#35
Rental properties are best options because these give fare after every month. We can also take advance from lessee. After 5 to 8 years, retal property value will be double. In this way, we can in rental properties safely.
Real estate industry is continuously growing.
Just recently there was a thread on this forum that short lets are cause housing market to crash. This topic is a reminder that the reason why landlords and landladies would decide on short lets is because of the substantial income that they are making from it compared to regular rentals. There is an increase in digital nomads, individuals who do not want to stay in a hotel but prefer to stay in an apartment like their own for a short period of time and they are willing to pay thousands of dollars for it. Some of these property owners have multiple short-let apartments and those who don't are immediately converting their rentals to these because people who are doing so are making money off of it despite the housing problems it is causing.
EFS
staff
Activity: 3696
Merit: 2065
Crypto Swap Exchange
August 13, 2023, 01:43:59 AM
#34
It varies from country to country. In some countries real estate is the most profitable business, while in others there is a very small market. To give an example from my country, real estate is a rapidly developing and growing sector. It has grown incredibly fast, especially in the last 30 years. However, not every country is in the same situation.
Real estate is one of the ways to make big money. But if you say it's the only way, that would be wrong. There are many lines of business where you can earn millions. The important thing is to try to do your job in the best way no matter what sector it is in.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
August 13, 2023, 01:31:58 AM
#33
The real estate sector has been plugged with a lot of challenges recently which have made it not to be the most profitable smart investment sector any longer,  because of the infiltration of the sector with so many demands that have made real estate not to be profiting like before,  inflation is over the roof and taxation plus repairs/renovation of the property has made that investment a lot demanding compared to its income and profitability.

At this point,  what investors are looking for is investments that keep them ahead of the tax such as decentralized assets like Bitcoin,  taking into account the risk that comes along with such investment anditst potential gains.

When inflation occurs, no asset is unaffected because when inflation increases, it will affect everyone's economy and that will reduce purchasing power in all areas, not just real estate. 

Real estate is considered as the best investment because of its stable return as well as low risk but to say it is the most profitable investment is not entirely true.

I want to emphasize the part that I have bolded, I do not hope that you are talking about using bitcoin to evade taxes. That will only make the government take a more hostile view of bitcoin. Moreover, paying tax is one of the obligations, responsibilities and contributions that help the country develop, although I agree there are many taxes that are very unreasonable but that does not mean that we should avoid all taxes.
sr. member
Activity: 1526
Merit: 332
★Bitvest.io★ Play Plinko or Invest!
August 13, 2023, 01:11:30 AM
#32
OP talks as if it's that easy to acquire a property. Yes in a sense it would be easy if it doesn't include the papers needed, the investigation on whether the land is legitimately for sale, the maintenance and what's the cost of refurbishing a property are just some of the stuff that you need to consider when you're buying property, don't get me started on buying an empty lot, much more expensive and more permits for that one. I don't know what OP is smoking but real estate is not for everyone because the money needed to get in there is larger and the profit isn't a guarantee depending on the status of the housing market in your country, you might be losing a lot, I know that there's huge money in real estate but that's not all there is to it because you have to also be good at selling them to the right people.

An ever-increasing population of course needs a place to live, and it's only natural that land prices in cities continue to increase, real estate entrepreneurs can become millionaires just by renting out land, in my country almost all top entrepreneurs also come from real estate so we have to learn to become real entrepreneurs estate.
This is the mindset when the people aren't taught or know what freedom is, they dream of becoming the oppressors.
full member
Activity: 1176
Merit: 165
★Bitvest.io★ Play Plinko or Invest!
August 13, 2023, 12:52:50 AM
#31
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.

For one to be successful in real estate investment, the person will need some kind of experience, or have a strong support from someone who is old in the business, as I see any business which requires investing of funds as something to be careful studied, as one good mistake will ruins ones entire plan.

And real estate investment was very beneficial, few years back, I don't know how profitable it is right now, as one need a great capital in other to pull of one successful deal, unless the person will need to be partnering with others in other to meet up target. And another thing about real estate investment is location and targeted investors, if you invest in a landed property located at a very wrong location where people finds unsafe to do business or can even freely call a home, that might put your investment in a greater risk. Security should also be taken note of when talking about real estate investment.
legendary
Activity: 2576
Merit: 1860
August 13, 2023, 12:07:41 AM
#30
Not all, that's obviously an exaggeration, but I agree that a lot of millions are into real estate. Especially in a small archipelagic country like mine where the population is continuously rising and where urban centers are very limited, investment in real estate is a good thing. It gives you a continuous passive income. Especially if your piece of property is on a strategic location, you'd never worry about renters. There's a reason why the richest people in my country are already into the highly profitable real estate business.
sr. member
Activity: 1526
Merit: 255
August 12, 2023, 10:39:18 PM
#29
An ever-increasing population of course needs a place to live, and it's only natural that land prices in cities continue to increase, real estate entrepreneurs can become millionaires just by renting out land, in my country almost all top entrepreneurs also come from real estate so we have to learn to become real entrepreneurs estate.
full member
Activity: 478
Merit: 100
August 12, 2023, 08:01:02 PM
#28
if i have a lot of money then I will invest a lot in Real estate. I think business created because of 2 reasons, first because people want it second because people need it. property will always become profitable as long as at least one of those reasons is fulfilled. but unfortunately, those investment require a lot of money, this is such a huge entry barrier for most of people.
hero member
Activity: 2856
Merit: 769
August 12, 2023, 07:50:44 PM
#27
We can invest in property, if we have knowledge about real estate market. We can perform low bowling strategy by visiting 100 properties which are on sale. We can filter 10 properties of of ten, then we can filter 3 out of ten and offer 70 percent price as comparison to real price, then we can choose best from last three properties. We can see which person and buy property from that. Rental properties are best options because these give fare after every month. We can also take advance from lessee. After 5 to 8 years, retal property value will be double. In this way, we can in rental properties safely.

We can also invest in commercial market and we can work on it and then sale it, it is very advantageous. Commercial market also give bare and its bare increases speedly. Commercial Market price also increases speedly. We can invest in plots if we have knowledge about the area in which we are investment. In a long term, property plot value increases.If we have least amount of money, we should invest in rental property that will give fare  and equity. By investing in plot, we cannot get  fare but we get equity. Commercial investment is a best investment if we have a large amount of money. Commercial real estate value increases speedlyas comparison to rental properties and plots.
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.
There's no doubt into that if we do speak about real estate business on which this is something that had been long time known to be that a good source of income or passive which you could somewhat assure that you are on

the good path on way of investing but of course it would really be depending or basing up on what property you had purchase on. It is really just that not all would really be having the chance nor have that opportunity on buying even on a single plot or property since we know that it doesnt come dirt cheap and this is something and advantage into those people who do have the money or funds that they could be able to buy out and this is something that would really be that so much an advantage to them and the rest would really be just looking and watching out to those people who are financially capable.

Even myself is really that considering on having that real estate business or property but due to lack of money and finances then it would really be just that hard nor not simple for you to engage on.
This isnt something that you could really be able for someone to easily deal with but without no doubt which this is something that could give out financial freedom if its done it right.
legendary
Activity: 2646
Merit: 1106
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
August 12, 2023, 07:32:39 PM
#26
In any field of investment, the bigger your capital is, the laarger the profit. But this is only possible if you will be able to manage the risk and to maake it profitable; yes, it is in your hands. If you are just wanting to put huge amount of money without any plans and without even studying where you are engaging yourself with, then you are just simply throwing away your money. Real estate is a good field of investment but as we all know  there are still risks present such as floods, overall location, costing or price and such. There are many real estate agents but why aren't all making these 'millions'?. There's this thing called competition and you need to compete as well.
As stated in a post the value of real estate and the property depends much on the location, maintained, connectivity and various other factors. This means the risk is high and in majority of the cities we'll be able to see properties that are built and unsold/rented for years. This is all because of the location and the cost. There are millions and to the same level of money involved the competence is high as mentioned. To stand against all the competence needs more learning about the market and huge investment.
legendary
Activity: 2422
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
August 12, 2023, 07:06:48 PM
#25
In any field of investment, the bigger your capital is, the laarger the profit. But this is only possible if you will be able to manage the risk and to maake it profitable; yes, it is in your hands. If you are just wanting to put huge amount of money without any plans and without even studying where you are engaging yourself with, then you are just simply throwing away your money. Real estate is a good field of investment but as we all know  there are still risks present such as floods, overall location, costing or price and such. There are many real estate agents but why aren't all making these 'millions'?. There's this thing called competition and you need to compete as well.
legendary
Activity: 4214
Merit: 4458
August 12, 2023, 06:09:53 PM
#24
^^^
Then there's more...

Then you could happen to buy property located in unlucky area, like people who bought apartments in Ukraine before 2022.

yep many towns turn to ghost towns. not just through war. but also natural disaster. and even economic loss of industry.
there are places where people bought a house for hundreds of thousands. lost economically in the region. foreclosed and the property ended up part of a ghost town which no one wants to buy even for just $1

also
many suburbs look well maintained when first hitting the market but after a decade. even the roads start to crack. the sewers over flow. people get old and stop maintaining their yards.. all causing the 'comps' for the suburb to drop. families cant afford the bills. kids cant afford hobbies so start to do graffiti or damage the neighbourhood for entertainment..

alot of other costs are involved not just to your property but the neighbourhood to ensure you get ROI
i have seen some people decorate and landscape their next door neighbours properties to spruce them up to try to maximise the sellers own property potential
hero member
Activity: 1022
Merit: 667
August 12, 2023, 06:05:53 PM
#23
The real estate sector has been plugged with a lot of challenges recently which have made it not to be the most profitable smart investment sector any longer,  because of the infiltration of the sector with so many demands that have made real estate not to be profiting like before,  inflation is over the roof and taxation plus repairs/renovation of the property has made that investment a lot demanding compared to its income and profitability.

At this point,  what investors are looking for is investments that keep them ahead of the tax such as decentralized assets like Bitcoin,  taking into account the risk that comes along with such investment anditst potential gains.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
August 12, 2023, 05:54:04 PM
#22
This is a costly investment in my country but if you’re good enough to handle this, I’m sure there will be a lot of opportunities in real estate. You have to consider everything, the budget, the location and your plan for that property. If you’re into real estate business I’m sure you can have a good return slowly but surely. Many are into real estate but its more of a liabilities to them than considering it as an asset, again you have to revisit your purpose on investing in real estate.

this type of investment needs high capital, thus, not everyone is going into this business. also, once you venture into this, don't expect that you will get your profits few months after you buy the property. usually, it would take years of developing and selling it to the market.
if you are up to this kind of investment, you should consider the amount you will shell out and the time of when you think you will need the money.
sr. member
Activity: 2394
Merit: 357
August 12, 2023, 05:49:14 PM
#21
This is a costly investment in my country but if you’re good enough to handle this, I’m sure there will be a lot of opportunities in real estate. You have to consider everything, the budget, the location and your plan for that property. If you’re into real estate business I’m sure you can have a good return slowly but surely. Many are into real estate but its more of a liabilities to them than considering it as an asset, again you have to revisit your purpose on investing in real estate.
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
August 12, 2023, 05:31:28 PM
#20
Quite true if we take McDonalds owning the land their franchises operate on as being a large part of why they are profitable over many years.   Land can dramatically fall in value too, land can be flooded, can be washed away by a meandering river or ruined in value by any number of possibilities.  Sometimes a town just falls out of favor, the land becomes far less worth then prior.  Maybe we say land because so many other assets lose out more easily and generally land goes up in a country with rising population, it just might take a century.
sr. member
Activity: 532
Merit: 390
August 12, 2023, 05:24:23 PM
#19
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.

I can't say if truly that real estate is the highest most financial demanding project and assets but am very sure there are more other ones that we can also point at being financial demanding and not only that, they are fast growing as well, a good instance is in cryptocurrency, taking bitcoin for an example, acquiring bitcoin is what we can all do at any affordable level we could stand to invest base on our capacity, I can't even count the number of assets or rate of money involved in cryptocurrency as at where it is today.
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
August 12, 2023, 04:41:40 PM
#18
^^^
Then there's more...
Holding on to your property generates additional cost of property tax+ maintenance that over the period of 10 years gives a hefty sum.
To compare, holding bitcoin or gold doesn't generate additional cost. Holding real estate can generate tremendous cost if that property gets damaged by a hurricane, flood, or even rodents.

Then you could happen to buy property located in unlucky area, like people who bought apartments in Ukraine before 2022.
legendary
Activity: 4214
Merit: 4458
August 12, 2023, 04:21:05 PM
#17
Real estate industry is growing and it's going to keep growing, but there's a little problem. For it to keep growing, the population of a country needs to keep growing.

In countries with declining population, when you see real estate prices being in a bubble, this bubble is unsustainable. There's no way to keep the prices up if the demand is bound to decline.
IMO investing in real estate meaning land is going to be profitable almost everywhere you go, but investing in apartments can be a tricky thing. Just look at China. They're building too much and in a cheap way. These apartments aren't worth the price.

its not just a population game..
its an affordability game

people get a mortgage for a $200k house but with all costs added, ends up paying closer to $350k+ so NEED to sell it at $350k just to break even.
however if the local region over a 10 year investment has not had a 75% pay rise over 10 years (7.5% inflation each year)
then the new buyer cant afford your property.

they end up buying a newly built "affordable housing" property part funded by government grants.. not your property
to sell your property. you would need to not only modernise your 10+year old property to modern standards, but excel those standard to sway those on higher income to pay extra to buy yours rather than a property newly built still under warranty
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