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An old building depending on the age and on the architecture can fetch just about 10% to 20% of the cost of a new building. If you have an engineering knowledge then you can check the structure and you can make cost estimates if what you are buying can be renovated or enhanced.Well said , wouldn't prefer to purchase the old buildings too, not saying there is something wrong with all old buildings but they are usually with faults compared to new building
Yeah that could be the case but not everyone have the necessary engineering knowledge required maybe that's where consultation would come in so as to have the proper knowledge at handAn old building depending on the age and on the architecture can fetch just about 10% to 20% of the cost of a new building. If you have an engineering knowledge then you can check the structure and you can make cost estimates if what you are buying can be renovated or enhanced.
I'll prefer to not just buy the land, but also develope the land into blocks of flats and put them up for rents that way, I get to earn from the property for a long time until I choose to dispose of the property.I prefer to buy an ordinary land in just real estate properties as the land would appreciate and I would sell off at a profit since I don't really have to spend more on buying building materials.
Most people like to buy landed property because it will be able for them to build what they want why all this because of stress may prefer to buy and already made already build property.What you have said is true, it's advisable to take care of a land one acquires and maybe do little something like a well on it to prevent invaders or worse land agents resseling the land.
I’ve always had this dream of buying a small (and possibly used) camper/trailer and finding a nice, quiet patch of land with lots of wildlife around me.When it comes to real estate, what kind of properties do you prefer to go for? I tend to go for the small fixer uppers that need some small work, but could be made to look like new with little work. I don't like purchasing really old properties, as sometimes there's a big risk in the foundation and the type of material used. But, if it's worth it, I would consider it.
But, what are your preferred property purchases?
That is a god idea also,but in my clime how we invest in property is quite different,but i would like a situation where i buy and do some little renovation and then lease it out to client andbe getting my returns from my investment.When it comes to investing in property, any option is always welcome. I would love to buy a home like you describe or one that is in good condition. Rent it for a reasonable period of time while the cost increases and then sell it to invest in a new property and repeat the above.
It is different? how do they handle property investment in your area? this calls my attention since we are to learn and increase the possibilities of negotiation with different techniques. Here buying, renovating and renting for a while is one of your ways to generate profits.That is a god idea also,but in my clime how we invest in property is quite different,but i would like a situation where i buy and do some little renovation and then lease it out to client andbe getting my returns from my investment.
In my clime the way we a real estate investors go about his investment is very different.Here you see a property,you access it and possibly buy it,not for renovating for resell,but to mainly own it.What we know is to lease or rent it.The partarn of buying for resell after renovation is not a popular one in my clime.It is different? how do they handle property investment in your area? this calls my attention since we are to learn and increase the possibilities of negotiation with different techniques. Here buying, renovating and renting for a while is one of your ways to generate profits.
I understand, that is to say, the capital does not increase from the renewal, only with the purchase and sale of properties. It is good to buy and own for a certain period of time, while it revaluates and then sell it. In this way you will get more profit.In my clime the way we a real estate investors go about his investment is very different.Here you see a property,you access it and possibly buy it,not for renovating for resell,but to mainly own it.What we know is to lease or rent it.The partarn of buying for resell after renovation is not a popular one in my clime.
You know this thing differs from different clime,and what is optainable in the industry is what will be very popular among investors,here we buy and be collecting rentage for years,this property investment is seen as a life longe investment.I understand, that is to say, the capital does not increase from the renewal, only with the purchase and sale of properties. It is good to buy and own for a certain period of time, while it revaluates and then sell it. In this way you will get more profit.
Very well, this is also valid in the real estate world, charging rents on a monthly basis for years is also very beneficial. As time goes by it will remain as a rental property or can be sold as the owner wishes. The important thing is that it continues to generate steady profits.You know this thing differs from different clime,and what is optainable in the industry is what will be very popular among investors,here we buy and be collecting rentage for years,this property investment is seen as a life longe investment.
I have dreamt of buying hectares of land , and leave it to appreciate and develop and start selling it while making huge amount of money in the process but money gas been pushing me back.I will prefer landed property as land appreciate with time unlike other ones
As a real estate investor I will prefer to buy landed property because with this you can be able to create innovate and build a dream structure in the piece of land.I have dreamt of buying hectares of land , and leave it to appreciate and develop and start selling it while making huge amount of money in the process but money gas been pushing me back.
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