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Last time, I check real estate is about location, location, location. Every place has its own demographics and its own legislations. I dun know any books/sites
by iworkforthem 16y ago
Last time, I check real estate is about location, location, location. Every place has its own demographics and its own legislations. I dun know any books/sites can teach you all that.
I am familiar with how the real estate operating in Singapore, but across Malaysia & Indonesia, it's a very different case. The same is with you. You have to be there to know how people does business there.
Across the board, one thing I find some similar is that money move when investing in property quite a lot. Investors tends to seek out undervalued properties, buy in.... rent it out.... hold for a few years and sell.
Example... A few years ago, properties are hot in China, Hong Kong, etc.. Government come in... and it is no more.. Now it's going back Europe and USA again.
Take time to understand the location, why does the property make sense. Who does it make sense to? Financially how will it make sense for you in the next 3-5 years timeframe.