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Type of Property to Invest

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When comes to property investment, many people are confuse with the best choice of property to invest.
Today, majority people might choose flat, condominium and land to invest.
But further rising problem are the location and the price of the particular property.
When discuss about land.
Probably people that invest or buy particular land will hope that one day the land will be use for development by government so that they might sell it at a great price up to hundred thousands of dollars.
But actually in real life, the probability for this incident to happen is relatively low.
Some of them might actually either turn their raw land into shops or other type of development and some might sell their raw land directly to other developer or people that are interested in it.
So, in order to develop the land our own, we need to be clear about type of development we are interested in and make a good planning before doing.
Apartment will be a good choice to invest in my personal opinion because the turnover rate for apartment can reach high amount.
Lease for an apartment normally with every month, half of a year or one year.
It shows that our tenants are moving in and out and on the same time in that period, we need to repairs and do improvements on the apartment.
The result is we need to spend money.
If we are hoping to earn big money form apartment, then we need to at least know how to manage our expenses well or minimizing our expenses.
We can reduce our expenses in many areas, for example in advertising, taxes, insurance and others.
As for invest in apartment we need to analysis are surrounding our apartment weather the location will be suitable.
Apartment can help us to earn big amount of money in short time.
In conclusion, this article briefly explains about type of property that we should invest in it.
Apartment and land might be a good choice for investment.
But we might need to do analysis first before we invest in it.
Important things that we need to take care of include location, network around that area, development, condition and price and we need to have a long plan especially for raw land.
As an example which is type of development, total expenses in general, long term profit, economic analysis and others.
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