I have read so much about real estate and how profitable it can be but I doubt that these day.
In my country, you can invest in real estate, put up a property for sale and you won't get anyone to buy that property for one reason or the other, in that way your capital is tied down in that property until it is sold, sometimes you might not see a buyer for like forever until you put the property on very low cost price so as to enable you to sell of the property, that means you are running into loss. With all these put into consideration, do you still consider Real estate Business as a profitable business?
In my country, you can invest in real estate, put up a property for sale and you won't get anyone to buy that property for one reason or the other, in that way your capital is tied down in that property until it is sold, sometimes you might not see a buyer for like forever until you put the property on very low cost price so as to enable you to sell of the property, that means you are running into loss. With all these put into consideration, do you still consider Real estate Business as a profitable business?