IMPORTANT NOTICE IN PROPERTY INVESTMENT BUSINESS
Regardless of the percentage of multiple profits, you also have some important notes about property investment business, and even more likely to give you more losses than capitalist expenditure. Of course, as an investor, you need to know some important records and undermine property investment, to increase the cost of damage and to increase the value of the sale of the property.
Maintenance The Cost
As an investor, you should already know that this property is not a business where you just buy a property, stick with the property as you wish. Therefore, to generate unlimited income on your assets, you must ensure that the property is in good condition and there is nothing wrong. In addition, the damaged property will lower your asset sale price, so you tend to reduce money. Therefore, to avoid this, you should also provide maintenance costs to keep your property in good condition unless it is actually sold to you and you have a big advantage.
Capital Solid Investment
Property investment can also be said as capital investment. This is because you have the maximum investment in the property, the maximum investment return has been achieved. But it should be considered, it includes development costs, treatments and courses that have other facilities in your assets.
Utilities of Investment
As we know, in property properties, prices will usually reflect your terms of supply and demand. Property prices will also be based on the nature of the local market and this trend will greatly affect its demand. In this case, you should pay attention if there is a significant difference between property and stock evaluation. Where the purchase of his property will normally be included in a third party, usually the bank or other party will bear the cost of the first purchase.
High Transaction Fees
Suitable for investment in the property sector, compared to investments in other fields as you spend more investment. Some of the fees you have to complete are property and other taxes. In addition, to get property with high selling power, you also need a high investment.
To Buy a Long Time
As we know that you will not be able to find the product you want to buy the property, you also have to wait in a few weeks, months or even years. This is already described in the feature's outstanding features. Even US property experts say that if you want to do business on the property, then you should see 100 properties that only choose the best three to get your property. According to this account, the formula also includes 100: 3: 1.
Limited Knowledge
Business property can be called a blind business, because inevitably you will have limited knowledge because the property is local. Of course, one house will not be the same as the other. Here's what you should really think of as an investor and you should conduct a survey before the search location. Let's buy property in the area with the highest price compared to the quality of the area.
Build Harassment
In essence, land and building-based properties will experience a level of capital exploitation, although it will continue to increase from year to year. In addition, you also find that the ideology of the house is the maximum age, so the building can be lightened. Unfortunately, if your house does not sell for a long time then maybe your house will be destroyed or at least repairs will be needed. Whether the model or design is improved for maintenance or repair that is constantly changing at any time.
Natural Disasters Occur When Destroyed
When compared to other investments, property investment is considered a threat to the destruction of land and buildings that may be due to nature. Your house may be destroyed by earthquakes, tsunamis, soil pollution, fire and others. However, still can cope with insurance. Despite having to pay a premium every month. Regarding all the potential strategies and potential losses in this property business, it is expected that you become more teenager to choose investment products.
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