A profitable home is a place that brings you income without your active participation. A stable flow of funds from there will fulfill all your innermost desires.
Take a spacious room. We will divide it into small plots and rent them out for expensive rent. With this strategy, you will earn money. It will cover mortgage payments and leave a big profit for the investor.
Profitable house: how to choose the right area for investment. Practical tips for choosing a strategy
Decent salary comparable to the profit of top managers of reputable companies
This idea of passive income will help you achieve a level of profit in a short time that will exceed the average salary. This gives a quick result and in the shortest time brings to a high level.
Pension from three hundred thousand rubles
With a profitable house, you will be provided with a pension. You should not work for life, receiving 8000-10000 rubles for it. You will buy only one house, and 300,000-400,000 rubles will go to you (this amount is your pension). Mortgage payments will end. All cash profits will be yours.
Investments in real estate. What will be more profitable: buying or building a profitable house?
How to create passive income in 4 days
A marathon where you will create live passive income from scratch and learn specific strategies for investing in apartments, houses, garages, cars and even profitable sites
Most investors are interested in which option is more profitable: building or buying a building. This is especially interesting for those who have realized the profitability of a profitable house. Since they decided to profitably make investments in real estate and want to get more profit, their next question was whether to build a house themselves. Are you also interested in this? Let’s consider whether it is cost-effective or not.
Cons and pros of building a new building.
When building a house, the positive aspects:
Choose where your site will be.
No need to deal with alteration, good location for investment.
Maximum income given that everything is thought out for subsequent rent. You can be calm that the whole territory will pay off.
These are significant advantages considering that you are starting from scratch. Another thing is if you have land to build. But it happens that it is better to sell it and invest the money received.
Long term for construction. With a good outcome, it will be built in a year.
An initial large amount is needed, and there will be additional costs.
Registration may be difficult.
The main drawback: a long wait and a lot of spending. Devaluation of building materials may harm you.
Positive, negative sides of the purchased premises
When buying a built house, the minus is its alteration. Many investors have a fear of high expenses, which in reality can be avoided.
Basically, the object you bought is more profitable than the cost of building materials. Building such a house from scratch will cost much more than a finished one.
What is the reason for this benefit?
During construction, this was a completely different expense. Year after year, building materials are becoming more expensive, and craftsmen are asking for more money. We also do not forget about the prospect of dropping the price, especially when dealing with a large object.