every city you mentioned has its good and bad area's
concentrate on locations(streets/suburbs) that have local amenities and understand the type of customer you wish to be renters
for instance if its near a hospital, aim to promote the house to doctors(high income)
or if you are looking to air BnB look for locations near tourist/entertainment/sports venues
as for you looking for investors... well if you cant show experience and funding records of already doing real estate, no one will invest in you, especially not strangers you/they met on the internet.. basically you mentioning lots of locations around the world means that you are not even bothering to want to manage the location near your own personal location, nor wanting to register a company in your own name/location. this scares people(red flag) as you want to just take money and not have responsibility. it also shows you have lack of a plan, by just spouting out random cities
if you cant even get a relative/friend/work colleague/your own bank to invest in you and instead you want to seek stranger investment. it starts raising more red flags, especially with the other things said about your lack of understanding the area's/customer types
by the looks of your proposal such as not using locations near you to manage, not understanding the advantages/disadvantages of each city you did mention. and not having money to help. shows you are not offering anything yourself to any deal. anyone else can just do their own property search without you and get same results. so why need to involve you or hand funds to you... makes no sense apart from revealing dozens of scamming possible red flags..
Topic: Idea,need real estate the good one in good location and it can give good income - page 3. (Read 427 times)
December 01, 2024, 10:29:06 AM
December 01, 2024, 02:50:40 AM
Can this plan works?
Im motivated to collect funds then we see how much we have i'll contact with realtors and deal done.
Possible locations Im interested to buy:
Dubai, Miami ,new York, Beverly Hills (LA), Monaco, french Riviera, London , spain.
Places like Dubai could be good there is a lot demand and as far i know you can buy with cryptocurrency easy any property in dubai.
For short term rental basicly renting out with RNB i was looking the prices it's insanly expensive you could get something like 300$-500$ easy for just one night.
Off course not one person has that kind of money to buy properties around the world in good locations but If we unite together and buy property on good locations where is always high demand it's great income.- that's why we really need property at top locations so rich pays who ever rent out with good prices like in Monaco If we could own just one property there it's literally "money printer"and if we get property with good view then it's best so we want to have the best properties so we always can have high demand by people and higher rent price.
Im looking for people who has money and want to invest Im honest i have no money my own but i'll organise this all off course nobody not going to trust stranger like me but we can set up escrow once funds are collected in escrow i do provide evidence the info and possible property and If we all agree with terms we take this property and start renting out even If we collect funds for just mortgage downpayment you can make your monthly mortgage payment + extra profits.
Since i don't have Job anyways i can be right person to handle this all.
I could do this under the company or as person but i guess better way is to do under company as registered limited company maybe in UK wich is easy process.
Im myself european citizen
But wich escrow service we could use for that ? Can we use this btalk forum escrow ? i think it's great way to collect funds by crypto then we see how much we have and then we can agree wich property we will be taking and how we share revenue of the rental income off the more luxury our property are the more we can earn, and we can use this property for our own needs If anyone of our team members want to travel or need some accumatation for longer or short time stay then can use property.
and from that cash-flow we could finance other projects aswell one good idea would be coffee or other food place the location is key and remember MC Donalds started business empire because of real estate first they had a lot properties so they started the McDonald's business empire so we need to build our own empire aswell and i can be that person who organise everything for my team.
Sure it's a lot work even If we have collected enough funds but untfortunately easy doesn't existing and hard work pays it's hard work when we start but later after 3 years Im sure it will be well rewarded.
So this is my idea i would love to get opinion of those who got some real estate experince what you guys think about ?
Im motivated to collect funds then we see how much we have i'll contact with realtors and deal done.
Possible locations Im interested to buy:
Dubai, Miami ,new York, Beverly Hills (LA), Monaco, french Riviera, London , spain.
Places like Dubai could be good there is a lot demand and as far i know you can buy with cryptocurrency easy any property in dubai.
For short term rental basicly renting out with RNB i was looking the prices it's insanly expensive you could get something like 300$-500$ easy for just one night.
Off course not one person has that kind of money to buy properties around the world in good locations but If we unite together and buy property on good locations where is always high demand it's great income.- that's why we really need property at top locations so rich pays who ever rent out with good prices like in Monaco If we could own just one property there it's literally "money printer"and if we get property with good view then it's best so we want to have the best properties so we always can have high demand by people and higher rent price.
Im looking for people who has money and want to invest Im honest i have no money my own but i'll organise this all off course nobody not going to trust stranger like me but we can set up escrow once funds are collected in escrow i do provide evidence the info and possible property and If we all agree with terms we take this property and start renting out even If we collect funds for just mortgage downpayment you can make your monthly mortgage payment + extra profits.
Since i don't have Job anyways i can be right person to handle this all.
I could do this under the company or as person but i guess better way is to do under company as registered limited company maybe in UK wich is easy process.
Im myself european citizen
But wich escrow service we could use for that ? Can we use this btalk forum escrow ? i think it's great way to collect funds by crypto then we see how much we have and then we can agree wich property we will be taking and how we share revenue of the rental income off the more luxury our property are the more we can earn, and we can use this property for our own needs If anyone of our team members want to travel or need some accumatation for longer or short time stay then can use property.
and from that cash-flow we could finance other projects aswell one good idea would be coffee or other food place the location is key and remember MC Donalds started business empire because of real estate first they had a lot properties so they started the McDonald's business empire so we need to build our own empire aswell and i can be that person who organise everything for my team.
Sure it's a lot work even If we have collected enough funds but untfortunately easy doesn't existing and hard work pays it's hard work when we start but later after 3 years Im sure it will be well rewarded.
So this is my idea i would love to get opinion of those who got some real estate experince what you guys think about ?
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