Thnks buddy.
yes, Real State is one of the best investments that you can do also. I have started investing in RS for past 2 years also, mostly buying lands, building Apartments complex (block with 6 Ap's) and then selling them for the right price.
And also is one of the most profitable ones.
I'm in my way to finish my first block, but i already sold 2 Ap's, which almost paid the whole price of the investment already.
I Started investing late also, with 26 years, had not much money. Now I'm 33, and to be honest there is no much money on my "hands" but i have them all invested in several different options.
Assets is one of the best way to make money indeed.
My first investment was buying small ap's with Bank's credit ( like kitnet - bought 3, like each one around 18k Euros and rent them for students ), the rent price pay the bank itself and still remain some in my pocket . ( I was still living in a rent also )
Then I went to the bank and asked for a big Credit because my mortgage was high already, with that I manage to have around 200k loan from bank. bought another couples small kitnets and rent it also, and with around 120k I bought a piece of land and I Built my house.
I was still with some cash in pocket and I didn't want to lose them or just spent, so I invest, in Crypto and Actions.
Now everything is basically paid off ( I still own the bank some cash, but it pays by itself by the renting's that I have ( 5 ap's) which is around 2.8k Euros month.
Then i opened my Real State Agency and start the project with the Apartment Block as i mention above. Now is almost done and i still have 4 Ap's to sell for a price around 65k Euros each. ( ppl look to it everyday basically ).
My suggest is, go for it, don't be afraid to risk and if you are young, then just do it, if you have support of your parents, like don't have to spent with rent or anything else.
2021-01-22 14:06