Quote from: glendall on September 13, 2024, 02:55:40 PM

Quote from: Davidvictorson on July 18, 2024, 09:43:44 PM

There has been ongoing debate regarding the best way to recoup the investment made in constructing a residential apartment building. For those involved in real estate, where does the real profit lie? Is it possible to recoup the money spent on constructing a residential apartment building through renting it out, or is selling it a better option for recovering the investment?

In fact, by renting out an apartment, the investment profit can be obtained within 1-4 years, where I once asked a rental owner who had 6 residential doors, in 3 years the construction funds had been returned and the rest he got profit
I think it is better to rent it out than to sell it

In my opinion, building a residential apartment requires a lot of money to build this business, of course there is a lot of involvement in it, both licensing and cooperation between developers, construction costs and loans. If everything goes smoothly there is no harm in selling the unit, of course at a much higher price, to cover the costs incurred during the development process, of course the target is not for the lower class but for the upper middle class to buy it for this residence.

However, no matter how expensive the price of an apartment house is, of course many people are looking for it both as a place to live and as an investment for the buyer. If you rent it out, what you say is not wrong, but it would take a very long process to reverse everything.