btaliat
VIP Contributor
While investing in real estate, there are many factors to consider in order to maximize profits. The following must be considered.
Location is number one factor to be considered. It is not a gainsaying or a fallacy to agree that people tend to live in an urban area compare to rural area.
Also, you must consider the rate at which the area is growing. People already love to buy or live where the development is very fast.
In addition to this, we need to consider the people living in the area and their pocket. If you build a very gagantic building where we have poor people. It will be a waste because you may not see buyers for the house.
Which other factors you think?
Location is number one factor to be considered. It is not a gainsaying or a fallacy to agree that people tend to live in an urban area compare to rural area.
Also, you must consider the rate at which the area is growing. People already love to buy or live where the development is very fast.
In addition to this, we need to consider the people living in the area and their pocket. If you build a very gagantic building where we have poor people. It will be a waste because you may not see buyers for the house.
Which other factors you think?