Housing or car, which one is more profitable??

[Heatman]

That's life, sometimes the decision one take can have an effect bad or good. We need to listen to advise too, in oder to compare with your thought and know which one is the best. Had it been he listened and build the house this couldn't have gone wrong. Now he will be starting afresh to save up again to try to get his life back to normal.

Exactly my friend. It was really a bad experience for him because he spent a lot of time and money to fix the car which had he used the money initially to build a house, there won't be anything like car accident or expenses for fixing the car.

 

[Sincerem]

Exactly my friend. It was really a bad experience for him because he spent a lot of time and money to fix the car which had he used the money initially to build a house, there won't be anything like car accident or expenses for fixing the car.

That's true, that's why people say house investment has low risk compared to other investment options. Car itself it's full with risk, be it importing and selling it as the vendor to the customers, its still a risk to bear. Cos of the importing means that can take weeks to land, sometimes sea pirates might smuggle some items that the ship is carrying and the person's cars might be smuggled also. Making the person to lose it all, but in the house investment such is not there.

 

[Heatman]

That's true, that's why people say house investment has low risk compared to other investment options. Car itself it's full with risk, be it importing and selling it as the vendor to the customers, its still a risk to bear. Cos of the importing means that can take weeks to land, sometimes sea pirates might smuggle some items that the ship is carrying and the person's cars might be smuggled also. Making the person to lose it all, but in the house investment such is not there.

Seriously there are lots of uncertainty that faces any business that is based on importation. With all the ones that you mentioned, add to it the constant rise of US dollars and see how it will affect your merchandise. Before you clear them, it will be too expensive.

 

[Damismiling]

I'm currently facing little tug of war, comparing buying of cheap cars at the vendor, or start up an estate construction. Where I will lay out one bedroom flat into (4) two bedroom flat into (4) self contains into (10) and put them up for rent. Among the car buying and selling business, and building an estate apartments for rent, which one is more profitable??

Facing this kind of decision to make I would advise or suggest that you go with real estate, reason being that it's more lucrative as compared to investing in buying cars, when you are able to construct the building you will get your return annually

 

[Heatman]

Facing this kind of decision to make I would advise or suggest that you go with real estate, reason being that it's more lucrative as compared to investing in buying cars, when you are able to construct the building you will get your return annually

Just buying cars and selling them would be poor for business from the way I'm seeing it. If you must invest in buying cars, then it's far more better to put them into transportation sector. They will make money for you on daily basis.

 

[chicnthin]

I feel like real estate is the best option for you, especially if there is a great demand in your area. The value of real estates increases as years goes by. Besides if you were planning on renting it to others, it would be a great source of income because you will have monthly collections.

 

[shakky2]

housing is a better option for me than car because car can always depreciate but housing will always appreciate depending on the number of years

 

[Sincerem]

Facing this kind of decision to make I would advise or suggest that you go with real estate, reason being that it's more lucrative as compared to investing in buying cars, when you are able to construct the building you will get your return annually

Real estate property investment is pretty much benefiting too. Even the car flipping business is still profitable but their is some risk about it, that is higher than that of real estate housing investment. If you're a car vendor, who ships car from oversees to your country, their is a risk of losing it through those sea pirates that might corner side it for their personal derivative. But in house investment I don't think one can just come up and claim it currently, unless you don't have proof for that. That's why house is not risky like the car type, and the profit flows all the time.

 

[muhammad ahad]

I'm currently facing little tug of war, comparing buying of cheap cars at the vendor, or start up an estate construction. Where I will lay out one bedroom flat into (4) two bedroom flat into (4) self contains into (10) and put them up for rent. Among the car buying and selling business, and building an estate apartments for rent, which one is more profitable??

Both are much better in terms of the nature of the work but I think building houses and then selling them is better than the rest. If we buy a car and use it for rent, then I have my own expenses which will make us less profitable. Conversely, if we look at homes, we can make a lot of money from them. Nowadays, people prefer to make it if it is bought, so I think it would be better to build it and then sell it.

 

[Heatman]

housing is a better option for me than car because car can always depreciate but housing will always appreciate depending on the number of years

I find it hard to believe that houses appreciate over the course of years. Yes, you may add rent and increase your money earned, but with time the house will wear out and you will be forced to reduce the rent fee and that's it. It's only empty lands that appreciate over time.

 

[Godleads1]

You need not look further. You are trying to choose between assets and liabilities. I am glad to tell you that the best you can place your bet on and go to bed with your eyes well shut is the real estate. That's another means of making cool money and not much is required at the end of the day. Unlike the vehicle that would be demanding most of the time, the real estate is best to place your money on and you won't regret you did.

 

[MarieArie]

I'm currently facing little tug of war, comparing buying of cheap cars at the vendor, or start up an estate construction. Where I will lay out one bedroom flat into (4) two bedroom flat into (4) self contains into (10) and put them up for rent. Among the car buying and selling business, and building an estate apartments for rent, which one is more profitable??

For me personally, housing is more profitable than can. I can argue pretty well that house is an asset while a car is a liability. You can get the values of your house in years to come but reverse is the case for a car. Cars wear out of season and the body parts or engine have some expiration periods.

 

[Sincerem]

For me personally, housing is more profitable than can. I can argue pretty well that house is an asset while a car is a liability. You can get the values of your house in years to come but reverse is the case for a car. Cars wear out of season and the body parts or engine have some expiration periods.

Nice opinion, cars wears out as years passed by. If you bought it for personal benefits, but for the gas of house, it stays longer for years. And the maintenance cost doesn't cost too much, you can do it once annually.

 

[Asad Ali]

My suggestion is that investing in real estate is better than investing in cars. Take land in a place where there are a lot of people.And rates double or triple in cities because cities have facilities Land can only be taken for farming in the village and your money can be trapped by investing in space.

 

[Koldej]

Choosing between a car and a house depends on the purpose, are you buying the car for business purposes? If yes then the car will definitely brings you income, buying a house actually will eventually bring you income whether you built for yourself or your are building to accommodate tenants

 

[iamgroot]

Housing for me is more profitable than a car. As time goes by, a car will depreciate, while a housing gets pricey over time. Invest on what is going to getting a higher value over years or maybe decades 😊

 

[Mawome]

Bro housing is more profitable than cars, let me give you one example. My brother bought a car and gave it to someone, they signed a memorandum of understanding: that the person will be remitting 20k every week. He remitted 20k for the first week, the following week, he had an accident and the car was crushed beyond repair.

 

[Sotherefore]

Lolz, why do you even asked this question when everybody knows that housing will be much more profitable but well there is a sense in what you are saying because there are some environment which cars will be much more profitable but here in Africa I think investing in Land and housing will be much more profitable because no matter how bad the economy is there a lot of people that are willing to do business with you if you have an estate,sincerem and business are like 1 and 2.

 

[Maliha]

I think housing is more profitable as compared to car because car gives very limited amount of profit as house gives the high profit.
People buy house and the do something like maintenance in the house and then after some time the sell the house in the double amount of previous so this is the best investment and some of them can give the house on rent to have monthly payment from the render this is also the way of getting profit from render.

 

[Janita]

Considering both are profitable like if you invest in car will give you suitable profile on the other side if you invested in House so it's also gonna be profitable and gives you payment according to your desire.housing is on the top of the list as it has high profit and has great demand.my opinion is to select housing.