Quote from: Victorybit1 on September 20, 2024, 09:21:03 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?

That's an easy question, renting it out is more profitable because it will become a source of income for you in the future, if you decide to the building you are not been investive and it can't be compared to the income it would generate if that building is on rent but it all depends on your plan and what you want at the moment, most people would rather put their building on rent instead of just selling it out, as time goes on you would make a lot of Profit

Yes, it looks very easy for you to answer. When building a residential business, does someone not use a loan to carry out the construction? As far as I know, building a residential business such as an apartment requires several collaborations, including construction and architecture. What if the person runs his business using a loan? Is renting an alternative? Meanwhile, we must immediately fulfill the loan costs that we apply for before they are due.