open way to invest in Real estate guru edition from the beginning risk assessment How to choose a property get a good area Giving worthwhile returns. Capital does not sink. Do this and you will get profits for sure.
At present the inflation rate Still outpace interest rates on savings in banks Plus the cost of living is constantly rising. Earning more income is therefore a necessity in modern times. Especially investing in various forms, both in the form of tangible assets (tangible investment) such as investment in real estate, gold, jewelry or other valuables and investment in intangible assets (intangible investment) such as Invest in stocks, bonds, fixed income or mutual funds, etc.
the saying "Invest real estate However, there is no loss.” Is this really the case? And if interested in investing in real estate for returns or have a good profit How to get started? Than Sethakit had a special interview with Mr. Suphin Mechuchep, Chairman of the Executive Board of JLL Thailand Co., Ltd., to delve into the secrets. Professional Real Estate Investor Edition
Khun Suphin revealed that before making any investment decisions, one must be aware that Every investment carries risks. Investors must carefully study all information and evaluate their own potential as to how much risk they can accept.
investment in real estate must understand that Each type of real estate has different risks. First, investors must assess their ability to purchase that property. including likes and the ability to take risks with both external factors and internal factors involved both in control and cannot be controlled, such as covid epidemic , the political situation that immediately affects the hotel business or development projects that may be delayed or modify Cancel the project
How to buy real estate with good returns
After assessing the readiness of the investors themselves. Khun Suphin has given techniques for choosing to buy. or invest in various properties as follows
must know their own needs that buy to live by yourself or rent out to be able to assess the goodness of the market target group and competitors in the market correctly
Choose a location or location that has already been developed. or has already begun to develop, for example, there are projects for the construction of department stores, hospitals, international schools There is an electric train project - a train station. Or there is a development of a residential project.
Choose a location or area that will not change the color scheme. And there is a tendency to develop more. There is a value of FAR or Floor Area Ratio (the ratio of total building area to land area) to develop more land. able to change from densely populated areas commercially available
Don't look for cheap land alone. Because it may cause the capital to sink. and get a return on investment that is not worth it
Read: Know the color of the land and the city plan before buying real estate.
How to set the rental price - sell real estate
First, you must consider the real estate that you have in hand. If there is no improvement How much income can you earn? ready to study and find out more to convince buyers, tenants see an opportunity to make money or make a profit in our real estate
Or may improve first and then sell or rent, it will make the buyer see that they do not have to invest more. and do not waste time improving can generate income from our real estate immediately The regulations must be checked. and the law that In that area, how much can the property be modified?
Source:https://www.thansettakij.com/real-estate/557647
Date 1/3/2023