Fri. Jul 12th, 2024

‘The pinnacle of making money from land is building residential urban areas’

'The pinnacle of making money from land is building residential urban areas' 17
'The pinnacle of making money from land is building residential urban areas' 17

Again about land, this time talking about real estate business.

1 – Spend money to buy a large piece of land at a super cheap price, often abandoned land that is not capable of agricultural exploitation.

2 – Hire a reputable design consultant to draw out the urban area including infrastructure.

3 – Hire an architectural company to design a series of houses, villas, and apartments so that they are beautiful and consistent.

4– Subdividing plots for sale.

Whoever buys the foundation must choose an architectural model among many pre-given models.

5 – Schools, hospitals, entertainment areas, supermarkets… lease to professional business people or invest in your own business and hire operators.

That’s how people run apartments or urban areas, but no one builds them and then sells them to people to live in.

>> Articles by the same author:

>> ‘Qualified people should not trade land to get rich’

>> Everyone wants to buy land and wait for the price to increase, what will happen to society?

>> ‘No billionaire gets rich by dividing lots and selling land’

In other words, whatever utility service the residents of the urban area use will have money flowing into the investor’s pocket for as long as he lives there.

From going to school, medical treatment, entertainment, dining, shopping, parking, barbering, trash cleaning… the investor does all the business.

One person cannot think of everything, there must be many people, many `like-minded` partners.

>> Share your article for the Opinions  page here.

Lam

I sold my house for 185 million VND, 20 years later the price increased by 5 billion

Salary of 8 million dong to buy a house of half a billion, you have to sell your wedding ring

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