Going to buy a house

[ltty head]

option 2

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Thanks

 

[ltty head]

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thanks

 

[jamiezue]

I would go for option 2. Lets assume you buy the house. Here we have to consider even very negative aspects of possible situations. say it becomes uninhabitable by something like fire or even a tsunami. would you get your value of investment back from insurance? . Think about it. In option 2 you have the land anyway. A Land can become uninhabitable too though.

 

[ltty head]

I would go for option 2. Lets assume you buy the house. Here we have to consider even very negative aspects of possible situations. say it becomes uninhabitable by something like fire or even a tsunami. would you get your value of investment back from insurance? . Think about it. In option 2 you have the land anyway. A Land can become uninhabitable too though.

opps, i did not consider this part. thanks for this advice machan.

 

[tclanki]

Mate you will be risking your assets if you go for option 1 where as the risk in option 2 much less and worry free. Also there is no value in apartments after several years. Mark my words and check this post after 10years time.

All the very best with your investment.

Tenants who can spend 140K-200K will always move for better and luxury options. There are many new luxury apartment projects in the area. So at the 2nd 3rd years probably you will have to reduce rental or otherwise it will be hard to find a tenant for 140K