Real estate is the business of engaging in landed property. It could be in the area of buying land or buildings. Auto business isv buying vehicles in order to resell them. Both are capital intensive businesses but Are more profitable than each other. Real estate on its own do appreciates and never depreciates in values as the case is in auto business. Real estate is more embraced by the generality of the public.
Real estate or auto business, which one is better?.
- Thread starter hastral45
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I believe real estate is more profitable than dealing in auto business, land appreciates and never depreciates .A land worth $x today may become $10x in years to come, but auto on the other hand depreciates as new models are being released.
I think real estates is a more profitable business. The value of real estates normally appreciate over the years unless there is an economic downturn. The value of auto may depreciate when a new model is introduced into the market.
You can be a land broker and at the same time a car seller. I do both. I sell cars and sell insurance. You just manage your time and get contact addresses and telephone numbers, the possible customers and set an appointment when to meet and talk to them for your proposals.
Investment in real estate is always going to be a perfect option for me to choose because I know how lucrative it is when it comes to making money from it.
I would invest in the real estate because this kind of business is much more predictable. However, if i were given a real choice, then I would have invested money in the Forex market.
I would start an auto business, develop it and when it grows, I build a real estate passive income with it.
If I had the choice, I would choose to go into real estate. Unlike cars, properties tend to appreciate in value over time, which mokes real estate a more stable investment. I believe it offers better long-term potential compared to a car business.
Starting an auto car business I simpler as compared to investing in real estate. If you are planning to invest in real estate, then you must have complete knowledge about documentation, which is a complex thing.
Since real estate is passive, I would prefer it to an automobile business that is active kind of income stream.
Real estate business is an ideal choice as a long-term investment. Many people invest in real estate business. They buy properties and then they sell their properties after a couple of years. This makes them profits. However, it takes time to sell a property.
I would go with real estate even at a small scale ahead of auto business. It takes long to sell a car too.
