The property I prefer to buy is land, because of its potential and its continue yelding result without damage. The next one shares in good manufacturing company that pays good dividend.
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Well, this depends on the state or the nature of the property involved, there are still some properties which are quite old but still retains high value and a lot of its initial values still remains intact without deterioration.Purchasing old properties is not advisable for a real estate to buy because you have to renovate almost everything and sometimes you have to pull it down and rebuild before selling, the best option is to go for thise that just need little renovation so that you can gain more when you later sell the property.