Sure you can do such a thing, but you will require a large amount of land space, you will also require a lot of starting capital to begin.
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I recently visited a beautiful estate downtown and to my surprise I was told it was a residential estate so I asked what that meant and I was told real estate id divided into commercial, residential and land . How true is this?
When it comes to the type of real estate that can actually bring in good returns,will to some extent have to do with the locality.If its in a busy city and environment,an event and hospitality outfit can be ok,residencial can also sell as well.Having a student lodge close by with the tertiary institution. Or building a hotel, comprising of all the social facilities that entices and makes people feel good.
Definitely, they don't have the same value. Value of properties varies depending on the location. Commercial estate has more value that the rest. The value of properties in that appreciate more than the rest.Thanks for the insight but do all these types of property under real estate have the same value? Can we say that commercial,residential or landed investments yield the same profit in the nearest future or would they be different?
I totally agree with you. You need to properly make research before venturing into any Business especially in the real estate business. And also you need to meet experts or people that have succeeded in that lineReal estate is one of the oldest and most popular asset classes. Most new investors in real estate know this, but what they don't know is how many different types of real estate investments exist.
As you uncover these different types of real estate investments and learn more about them, it isn't unusual to find a reference to someone who has built a fortune by learning to specialize in a particular niche.
These are definitely the kind of investment a real estate investor have to be able to make returns on hs investment,in a city the issue of accomodation is usually sort after and so it would more of a good idea to set up a residential housing to meets peoples needs.I recently visited a beautiful estate downtown and to my surprise I was told it was a residential estate so I asked what that meant and I was told real estate id divided into commercial, residential and land . How true is this?
I would prefer a commercial estate because there is every tendency for development and also gives room for increment in value, commercial estate gives you that identity.I recently visited a beautiful estate downtown and to my surprise I was told it was a residential estate so I asked what that meant and I was told real estate id divided into commercial, residential and land . How true is this?