Quote from: Dzwaafu11 on September 17, 2024, 07:14:15 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?

Both selling it out and renting it are profitable. You will be the one to choose. If you build it to sell it immediately, you should know the value you will sell it for because, as time goes on, the house value will continue increasing based on how the location gets developed. You know the house value gets appreciated based on the location where the house is located, but if I should be the owner of the house, I will rather rent it.

Even though it is a slow process of recovering my money, I think it will go a long way for me because I can increase the house rent at anytime I want, so renting it out will give me more profit than selling it out, even though the money will not come at once.

developer company build a apartment to sell it immediately whatever profits they can make, but most of the time they did not take it for rent, renting is another business, who are not interested to short term business and they want to several times high profits they will go to rental business for long time.