What do you think about investing in building houses?

astutimeliana723

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Some people if they have more money they will compete to buy a house, with the excuse of preparing for the future. They had intended to rent it out, but after so long no one was renting the house that it was abandoned.

Even though a house also requires costs for maintenance, renovation, and so on. What do you think, if so, is it still a profitable investment, let's discuss it here, thank you.
 
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Starmix

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It will be a good investment, if the house rot, but the lot remains appreciating. When the buyer comes to buy the property, we can give discounts, but we have to make sure that we profit from our capital.
 

Springtime

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In my location, investment in building house is a lucrative business. But you need to have a lot of money. You need to buy land which is expensive here. The construction cost is also expensive. If you can afford the capital investment required, you have a chance to become a billionaire.
 

Bisolami

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Some people if they have more money they will compete to buy a house, with the excuse of preparing for the future. They had intended to rent it out, but after so long no one was renting the house that it was abandoned.

Even though a house also requires costs for maintenance, renovation, and so on. What do you think, if so, is it still a profitable investment, let's discuss it here, thank you.
This is a good investment provided that the location of the house is a very good one that people will love to rent it when you are done building the house
 

eldavis

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Investing in buildings is also a good investment, but it being a good investment does not mean it is free from risk or other kind of issues. Before investment make sure you have studied all there is to know about it.
 

Starmix

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Investing in building houses needs huge capital, however, if the house owners pay partially then the capital right be lessened, however, the risk there is if the house owner won't pay the balance. It is much better to let them sign a contract.
 

Stardom22

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I think that business is very lucrative and profitable too. It's a very profit guaranteed business and no matter how long the house stays without tenants it can't guarantees losses like other businesses since houses are in high demand.
 
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