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
Everything requires a process and to return the capital we spend to build an apartment or rental residence will definitely take several years. I see many people who can just sit back and enjoy the rental money every month, that means renting can also be profitable, especially the building and land are still ours, it's different when we sell it.
Many people are more interested in establishing rental housing, especially if they are in an environment where there are many workers from outside the area, because the first thing they will do is look for a place to stay while they work. However, at the beginning the capital we spend must be very large.