in the age of technology Everything is fast. and people develop at a fast pace Even more about wealth Which channel gets rich quickly? Get rich instantly, people tend to flock to invest.

In investing in condos, there are also many questions. They often ask how they want to invest in condos. how to start What kind of investment, get rich quickly? In fact, the strategy for investing in condos It's no different from investing in stocks. There are two simple strategies:

1. Speculation strategies (buy and sell) to get a profit margin.

2. Long-term investment strategy (Bought to rent out) in order to get cash flow as dividends or rent.

It depends on the investor what kind of investment strategy he likes. As for investing in condos, what kind of profits can be made? There are 3 investment options to choose from: Let's take a look at how each channel differs and which one is right for you.

Channel 1 :

Invest with the project owner (Developer) This channel is the easiest investment among the 3 channels. It is a condo investment that is bought directly with the project owner. Also known as Developer, although it is an investment from a single piece of paper. But he can make a profit of hundreds of thousands at a time "First-hand condo, although there is a risk that the project will be completed or not. But if we choose a good brand, choose a well-known developer with work results. reliable quality Regarding the risk that the project will not be completed, do not worry.

But before we invest in any project We should do some research and look at the past works of developers we are interested in investing in. how the past projects have worked We can go and see the real place, look at the materials, design, electricity, water supply, utilities such as swimming pools, fitness centers, how the management of the juristic person is.

Another important advantage for newbies investing in developers is that they are not tired. No need to negotiate No need to come to repair the room. Just bring the documents required by the bank. Submit the application through the transfer is complete, easy, convenient and very fast.

But it's not that choosing to invest in a first-hand condo from Developer will have advantages and disadvantages as well, which is "expensive", that's because real estate prices increase every year, 4-5% per year, so materials, equipment, bricks, stones Cement and sand will inevitably grow as normal. Causing the cost of construction to increase

Channel 2 :

Invest in second-hand properties (Sub sale) condos that are aged 1 year, 5 years or 10 years if the owner changes hands from the first owner. we also call it "Secondhand property" already, but in reality. Second-hand properties or second-hand condos that are in good condition, inexpensive, and also have a lot of opportunities to make a profit better than first-hand condos.

second-hand condo investment There are many highlights. The most outstanding point is that condos in the old era will have a cheap price per square meter. in a good location have a large room How important is this highlight? It is important that when the cost price is lower, good location, there will be tenants. The rental rate in good locations is almost the same as first-hand condos. Therefore, when comparing returns Investing in second-hand condos is therefore much better.

Or it may be due to old second-hand condos that do not have good facilities such as fitness centers, swimming pools, libraries, conference rooms. For this reason, condos collect common fees per square meter not as expensive as new condos.

Channel 3 :

Invest from auction (Auction) Asked how this channel is different from channel 2? The answer is that channel 2 is a purchase with the owner. The owner can be a natural person or a financial institution. It is the purchase that can be agreed upon with satisfaction. There are no complicated formalities.

As for the third channel or the auction It is an auction to compete with each other to make prices. Who gave the highest price? That person will get that piece of property. The piece of property will not have an owner in person. Normally, the property from that auction If choosing a property to be a property appraisal Can estimate the cost of decoration Property from the auction can be regarded as the property that can generate the highest profit. Because the starting cost of the auction is 30-50% lower than the market price.

The main thing is "Property Valuation" We have to know how much we are going to compete with the price of this property. In addition, we need to estimate the cost of repairs. Can be decorated because the price of decoration The cost of the furniture will be added to the cost of the room being auctioned. But the precaution is that we must study the information well. Because some rooms have problems, we have to take legal action. Most of them are problems related to lawsuits, lawsuits, trivial problems that we have never encountered in our daily lives. For this reason, most people don't like to invest in condos by auction.

It can be concluded that the channel for investing in condos from Developer and Auction will be speculation, i.e. buy to make a profit and then sell. which has a Capital Gain difference (different profit) that attracts Flip type investors quite well As for the way to invest in condos from Sub sale, it will be a long-term lease. who want to get cash flow (Cash Flow) into their pockets

Therefore, from the channels that ask each other which channel is the best, it depends on the expertise and preferences of each person's investment style, which is not the same. Please be careful with one thing. that investing, do not be impatient, please study the information Think analytically before making a decision. Believe me, investment that gets rich quickly without doing anything does not exist.

Source: https://www.krungsri.com/th/krungsri-the-coach/investments/investment-knowledge/condo-investment-what-kind-make-profit

Date 3/2/2023