Real estate is a financial management that many people will think of. How reasonable is the rate of return on real estate?
In the first few years (3-5 years), the rate of return should be at least 3%, and at least 5% after 5 years. Otherwise, even the five-year fixed deposit rate is not comparable, and it is definitely not cost-effective. The most important thing about real estate is appreciation.
For real estate, we must grasp the following points:
1, a community with complete supporting facilities. From the perspective of future development, the residential area can meet the needs of life, and the surrounding transportation, education and other supporting facilities will be complete, which will become an idealized lifestyle, and such a house will be easier to rent. Such a house sells well even if it has to be resold.
2. Determine the strategy. Some houses are easy to rent, but there is not much appreciation potential, while others are just the opposite. Therefore, the location of the target house was checked in advance.