Currently, real estate reselling has become for some a true, main source of income. Now you can find a lot of information with advice on how to make money on real estate. Real estate reselling is a whole process of purchasing houses, apartments and offices, and sometimes whole, quite large buildings with the aim of subsequent sale with profit. Real estate of various categories – new buildings of St. Petersburg or secondary real estate gets here. It all depends on the perspective and benefits of resale.
If you want or try to make money on real estate reselling, then you should get acquainted with the main strategies of such earnings.
Repair and sell
This is the most common option. Buy an inexpensive apartment, but in a very neglected state, put it in order and resell it. This strategy is well tested by time. But here there may be a problem – you will pay too much for repairs and risk just not return the money invested.
Renovate and lease with the right to buy
Suitable for a slow market. The plan is simple – you buy a cheap apartment or house, it is repaired, and then it is rented out in long -term rent with the right of subsequent ransom. Ideal for those cities in which the quick sale of real estate is simply almost unrealistic. You can have solid profits here, given that the tenant will pay interest also.
Purchase and sale
Good strategy, but requires constant attention to the market. You must track objects at affordable prices, quickly buy them and immediately resell them, but at a higher price. Suitable for the real estate market during the rise. But you have to be careful – because prices are rising or collapsing.
If you have money and you want to profitably invest it in any real estate, then the best option is to buy and resell housing after modernization. Although this option is associated with a certain risk, the purchase of housing in poor condition can be made at a very favorable price, and the repair in this case is made by the minimum.
