Rich from Property
This is not the first I heard that term, had a second or even third time in a seminar on getting rich from the property. But only this time I understood from these words mean. It reminds me of what I heard earlier. In addition, these transactions have a factor of speculation rather than investment itself. So how does that, can we really make money when we buy and not when we sell?
One simple idea that can explain that is when we buy property below market value or market value (MV). For example, in certain areas, two-bedroom apartment will usually be worth USD 400 million, – Now, there are sellers in those areas that are affected by weight problems and really need the money quickly and want to sell their property. Because these people want to sell your property quickly, he is willing to sell the property for USD 350 million, -. Now, an investor who saw the opportunity, quickly took a chance and bought the property. In this case, investors are buying property USD. 400 million, – the price of Rp 350 million, -. In this transaction, investors have been making a profit on paper of Rp. 50.000.000, -. Investors can sell the house immediately or even in the home buying process so that when it happens once the purchase transaction can occur that require the sales transaction gains for investors. This is a very simple idea about how to get rich in property, buying property below market value, and make money when we buy is not when we sell.