It obviously depends on which country, city, area, and type of RE you're talking about.
Personally, I'm not really that much into it given the huge amount of money you need to pay just to start, ongoing maintenance, dealing with RE agents, tenants, etc, plus it's tied to a physical location. I prefer to keep my investments in the internet.
Having said that, many people have made a lot of money from it so I'm sure it's a great financial instruments for certain types of people.
Topic: What do you think about real estate? (Read 100 times)
I think real estate is perhaps the best investment a person can make today.
Historically real estate prices have consistently been gaining in value.
Therefore you’re making a wise investment that you also can get the pleasure of using in the meantime.
Historically real estate prices have consistently been gaining in value.
Therefore you’re making a wise investment that you also can get the pleasure of using in the meantime.
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I think I will not suggest to borrow money to buy a property if you do not have stable source of income because you need to pay the monthly interest. It is better to use our funds to have investment like what we have in crypto so in the future, when the price increase which we will make a big profit, we can buy a property without borrowing the money.
Its just and idea, but if you have lets say 100k you buy a property maybe for 300k with a 300k loan and with the 100k you will renovate it , repairs if needed and make it "modern" or the best term "easy sellable" and maybe if you know what you are doing and you did your research you sell it for 600k , you return the 300k loan with 30k-70k interest it depends, and you are left with 150k profit. I think his name was Manny khoshbin who explained that and is sounded awsome. you need a big capital of course and a good plan to take the loan , but from a first glance it was a good idea
One of the best source, passive income if you'll rent your property.
And at the same time, the land itself is appreciating so it's a go-go investment but requires you a higher capital than the usual investments.
And at the same time, the land itself is appreciating so it's a go-go investment but requires you a higher capital than the usual investments.
It is possible to use a small amount of your own money while borrowing the remaining funds to buy a property. Leveraging funds for investment creates more value than would be possible otherwise.
But you still have to compute the whole thing which will result a huge capital including the interest if you're mortgaging it.
Mortgages are expensive & young people struggle to save the deposit required to buy their first home. If you’re in a healthy position & you’re able to buy a load of properties & rent them out, becoming a landlord then sure, it’s a great investment, easy income.
I think I will not suggest to borrow money to buy a property if you do not have stable source of income because you need to pay the monthly interest. It is better to use our funds to have investment like what we have in crypto so in the future, when the price increase which we will make a big profit, we can buy a property without borrowing the money.
Its just and idea, but if you have lets say 100k you buy a property maybe for 300k with a 300k loan and with the 100k you will renovate it , repairs if needed and make it "modern" or the best term "easy sellable" and maybe if you know what you are doing and you did your research you sell it for 600k , you return the 300k loan with 30k-70k interest it depends, and you are left with 150k profit. I think his name was Manny khoshbin who explained that and is sounded awsome. you need a big capital of course and a good plan to take the loan , but from a first glance it was a good idea ...we can buy a property without borrowing the money.
Sure, we can, but that's not the way to become a billionaire.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I think I will not suggest to borrow money to buy a property if you do not have stable source of income because you need to pay the monthly interest. It is better to use our funds to have investment like what we have in crypto so in the future, when the price increase which we will make a big profit, we can buy a property without borrowing the money.
Im really interested in real estate.
What do you guys think about it for a source of income?
I really consider learning more about it (i know verry little)
What do you guys think about it for a source of income?
I really consider learning more about it (i know verry little)
Do you want to own one or something? If yes, then you probably need to check the online definition of Real Estate to be sure it's what you can manage and succeed in.
I think money should not always be the reason why we go into business otherwise we may not be patient enough to nurture it to success or we would ignore doing the right thing to succeed in the business.
If you are passionate and talented/skilled/experienced in the Real Estate then you should consider going into it for the main purpose of benefitting of others/society. If it's really about others or for the love of others/society, you will easily develop it in a way that's safe and truely beneficial to them, with little to no risk to them (or by aticking to safety standards) . When marketing your real estate business, the uniqueness and safety should be sold to customers as major advantages it has over other real estates that are owned by others..
. and yours should be affordable to all classes of people. People who like good things will definitely find them irresistible
One of the best source, passive income if you'll rent your property.
And at the same time, the land itself is appreciating so it's a go-go investment but requires you a higher capital than the usual investments.
And at the same time, the land itself is appreciating so it's a go-go investment but requires you a higher capital than the usual investments.
It is possible to use a small amount of your own money while borrowing the remaining funds to buy a property. Leveraging funds for investment creates more value than would be possible otherwise.
Any business needs a proper plan to provide the right touch of success the real estate business is no exception in that respect. The key to success in this competitive market is to have a good idea of the market demand and to have an accurate understanding of the mindset of the buyers and for this you should get the right idea about the market in advance. Searching about your market can show the right direction of your work the faster you do it the better for your business it will also help you gain real knowledge and experience about this business.
Im really interested in real estate.
What do you guys think about it for a source of income?
I really consider learning more about it (i know verry little)
If you mean source of income is this for daily basis? because if it is then real estate business is not the place to be.What do you guys think about it for a source of income?
I really consider learning more about it (i know verry little)
Selling Houses and properties is not that easy task though the profit is really huge .
best to consider this for long term Business but if this same thoughts you wanna Join , then why choose real estate when you can easily buy Bitcoin with your capital and wait for years to profit.
Im really interested in real estate.
What do you guys think about it for a source of income?
I really consider learning more about it (i know verry little)
What do you guys think about it for a source of income?
I really consider learning more about it (i know verry little)
It's a long term investment but with a guaranteed return we have many developers here becoming the richest people in our country because they know how to develop one location, if you are interested to become an agent attend seminars first and get affiliated with reputable real estate developers, the location is very important and if you have a skill in communicating and very good in the presentation you can make it big in real estate.
Im really interested in real estate.
What do you guys think about it for a source of income?
I really consider learning more about it (i know verry little)
One of the best source, passive income if you'll rent your property. What do you guys think about it for a source of income?
I really consider learning more about it (i know verry little)
And at the same time, the land itself is appreciating so it's a go-go investment but requires you a higher capital than the usual investments.
You can also have it as your own house for the peace of mind and to avoid monthly rental.
Im really interested in real estate.
What do you guys think about it for a source of income?
I really consider learning more about it (i know verry little)
What do you guys think about it for a source of income?
I really consider learning more about it (i know verry little)
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