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+--- Thread: How to Profit From real Estate Investment (/showthread.php?tid=624)
How to Profit From real Estate Investment - InvestmentGuru - 01-01-2024
Investing in real estate usually requires a lot of money, like hundreds of thousands of dollars. In my home country, you'd typically need at least $200,000 to buy a house. If you rent out the house, you might make around $500 each month. Now, if you bought the house outright with your own money, that $500 income is pretty good. But if you used a bank loan to buy it, you'll likely have to pay about $500 as a loan repayment installment. So, in the end, you're not really making any profits.
If you wait for 15-20 years to pay off the entire loan, you might sell the property and get back your initial investment. However, the property's value might decrease over time due to depreciation. So, practically speaking, you might not end up making much profit. To really benefit from real estate investment, some people buy and sell properties quickly to make faster money.
RE: How to Profit From real Estate Investment - Henrywrites - 01-24-2024
Do the real estate business in dollars. Some of the local currencies suffer from the issue of their currencies being affected by the exchange rate. So, if you are able to trade in dollars, you will realise that you have created an edge that will help you become better than others that are trading in real estate.
RE: How to Profit From real Estate Investment - deucher - 01-25-2024
It is very profitable to do business where real estate costs little, but the country is quite poor. For example, people often buy real estate in Turkey because salaries there are not high, so housing is inexpensive, but for you it will bring profit no less than in your country.