Housing or car, which one is more profitable??

[gammarays]

I wouldn't advise you to buy cars with your money. I don't consider cars a good investment because of its expenses. However if you're using the cars for transport business, it'll be a very good idea. Aside that,you should go ahead and build the residential apartment. Flats and rooms are in high demand in Nigeria so you'll start recouping your investment for a lifetime.

 

[Meerab]

In my openion housing is a more profitable then a car... Because cars gaves us very short limit of proffit... Bt housing gives us a huge profit... Because after bilt a house we gave the houses on rent n n increase our large profit monthly or yearly.. So housing is the best invest

 

[Mrs. Rizwan]

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 the best business entrepreneurs Starting with which people can earn profits But I have seen that people prefer building houses more than car business Because by building houses and then selling them at expensive prices, we can make more profits through houses. One is that we sell and sell houses and make profits, and the other way is that we make houses and rent them and we can earn double profits.

 

[Tiwa]

To me I can't say housing is better than car business.Bith are good businesses.You just need to check if you are not in a hurry for returns on construction to start coming in.
On car business, you don't have to be the one importing,there are guys that deals directly with shippers and are always on ground at Port to flip arrivals from importers they bring such cars down to town, put on online market place like JiJi and also with banker friends and Max a car stay with them is 2 weeks .
Nothing stops you from starting with that and then start the real estate by the side .
Lobatan!

 

[Kayzzy3]

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 investing in real estate is ideal, build the apartments and rent them out, real estate is an ever appreciating business, the price you buy now can double ot tripple in a short time.

On the other hand car vending business but it's disadvantage is more than real estate investment. Car selling will put more expenses on you, because you have to maintain the cars everyday until you sell them.

 

[Sincerem]

For me investing in real estate is ideal, build the apartments and rent them out, real estate is an ever appreciating business, the price you buy now can double ot tripple in a short time.

On the other hand car vending business but it's disadvantage is more than real estate investment. Car selling will put more expenses on you, because you have to maintain the cars everyday until you sell them.

Too points, real estate investment have been known right from time as a trustworthy investment, low risk involvement. The income it generates is unending, the maintenance cost is done once a while, annually at times. Car flipping business is lucrative also but people deem it as a risky business based on the importation and exportation processes, and the high cost of maintenance.

 

[Oloritoks]

Real estate is an asset whose investment will be your benefits on a long term because the value of Real estate appreciate with time, while a car is just a liability whose value depreciate with time so it's advisable you invest in Real Estate.

 

[Anaya Ali]

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??

Building a house is much more profitable than buy a car. House don't have much extra expenses but cars always have expense. We can't get much profit from cars but we can take profit but selling a constructed house.

 

[Frank]

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??

Even when I know that one can buy cars and give it out on hire purchase to drivers, I still think that construction of houses is a better option for anyone looking at long-term investments. How long will the car stay active compared to a house? This is something you should think about before deciding which option will suit you well.

 

[Sincerem]

Building a house is much more profitable than buy a car. House don't have much extra expenses but cars always have expense. We can't get much profit from cars but we can take profit but selling a constructed house.

Okay, house is more profitable, cos of the vast purposes it serves. House is a low risk type of investment compared to the car flipping type. In the case of house you don't need to maintain it regularly but once in a while, but car is maintained and service regularly to keep it moving. Even if you are flipping it, one will still keep it maintained to look attractive to buyers.

 

[Zubair]

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??

First of all depends upon our area of expertise and interest of the seller. We should choose the best option in which we are more comfortable. As far as I think, one should start selling cars instead of houses. Because cars are more in demand than houses. For example, most of us like to have new models of cars and keep on changing and buying new ones, but no one changes his house like cars. So one should go to sale cars instead of houses.

 

[Blue house]

The real estate is the smart move compare to car selling, the land you acquire will always appreciate unlike car that will depreciate days after days, house is far easy to maintain than a car and the probability of real estate crashing is lower to car business.

 

[Oliver 20]

Income/Return on Investment

This one is an easy decision. Land venture properties furnish a land financial specialist with an ensured and consistent wellspring of money as month to month lease. Likewise, as a land financial specialist, you can generally discover approaches to support the rental pay from your speculation property, accordingly producing a positive income and a superior quantifiable profit (ROI).

 

[Snobar Bilal]

I prefer to housing business . because this business is more profitable then the car business. The value of the house increase day by day with the passage of the time and the value of car not increase.it remain still. I personally start housing business because its a lucrative business and more profitable investment place to get a huge profit in return.

 

[Godleads1]

Wow! I would never make the mistake of taking a car in this aspect. As useful as the car is, the house is more profitable. You have the hot and you can transform it into assets. The house is of great importance.

 

[Mastercoded]

A car is a liability which depreciate over time while a house is an asset which appreciate over time. A car cost more to maintain than a house, the only repair which is done on house is renovation which is carried out over a long period of time. House keep on appreciating every year, if you want to invest, owing a house is a jackpot.

 

[Ridwan Mohammed]

Yes, it's easy to maintain, and somehow risk free than the cars importation business. Because sometimes the ship conveying the car might be attacked by sea pirates, smuggling what's on it. Leaving me with nothing, that's the kind my losses I wouldn't want. But housing estate, will be there for years, the only issue is the maintenance course.

 

[GIFTMICHAEL]

Well there is no way you can compare car business to real estate business. When you have an estate where you can rent out to people you will make more money than buying a car for business. The car you bought you are going to give it to someone that will be generating money for both of you.

 

[Youngdee]

Housing is far more profitable and better business than car. One thing about car is that there is a period where people fancy it and after a while they don’t seem to like it anymore. More like it a trend business but Housing (Real Estate) is profitable and can stay for a very long time as more people keep migrating to areas developing and fast growing.

 

[Ridwan Mohammed]

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??

The real estate Business will always be the best option in a situation like this, with the way you have structured your real estate package, I expects some blocks of money later on 😁😁.
With the real estate option, you will do little or nothing at all, just sit down watch as your money flows in like a boss.

I believe housing is my profitable. Since it's real estate. Besides over time, people tend to prefer houses to cars this days. We all need a roof over our head at the end of the day. Buying and selling of houses is really profitable.