What percentage of annual return can be reached?
What percentage of annual return can be reached?
The original responses to the post can be read at the bottom of the current post page on the site or in the link to a post on Facebook and of course you are invited to join the discussion
10%-12%
On SF
To 70 a
I have seen quite a few of these.
What kind of investment? Rent or Filipinos
8-10% on average
full!!
Excuse me for the cynicism…
But what is the purpose of the question? What answers did you expect? What did you want to learn from the answers?
If I were to ask you - how much money can I make at work? What would you answer?
Friendly suggestion (or actually professional) - if you want to study, take a course, read books, listen to podcasts, jump into the water, connect with an entrepreneur…
Such questions on Facebook will not help you move towards your first investment.
Successfully
You can reach an infinite return!
As with any investment, it depends on the risk .. Bad neighborhood - Although the price is low and there are few property owners, therefore there is a high demand for rent and therefore there is a high demand and supply. However tenants and location can be problematic.
Expensive neighborhood- high prices, rent does not increase accordingly because there is not much demand and supply. (Those who can pay a lot of rent will just buy a house) But the rent is more certain because the location and the tenants will be better… more suitable for a call than for a message
And of course there are quite a few more in the middle and quite a few more ways to invest with leverage and loans but the message is too short to contain ????
On paper you will receive promises from here to the end of the world
It depends on the property
In its location
How old is he?
And if he slept on what order of magnitude he underwent renovation
The idea is to buy a property in a good area and at a reasonable price where the taxes are relatively low. You need to bring it to a good mechanical and cosmetic condition. Now basically you want to get at least ten percent a year and at the same time try to get a good mortgage on it. Too much mortgaged and you won't be able to repay loans in a situation like now that there is corona and tenants don't pay
Why is it important that it be in good condition because people need to replace a roof or air conditioner for example it is a high expense that will change the entire annual number but the general idea is that the property pays for itself and you accumulate more properties
If you do not put money and get money - infinity
Sorry, how much does a car cost?
how much do you want? Profitable real estate, an entrepreneur?