Real estate vs cryptocurrencies vs business

[Learn Bitcoin]

I absolutely agree with you. In most countries you will not buy real estate for less than 100k USD. But there are places where you can buy a flat for around $50k, and I mean in cities. In rural areas the prices are lower, and you can buy real estate there too. I wouldn't advise doing that, though. It's not a rare case when "cheap" real estate in rural area costs even cheaper 10 years later.

I understand your point. I know that it varies from country to country. As you may know, I live in a 3rd world country, yet you won't be able to buy land that cheap even on the rural side. This is the reason I cannot imagine a real estate business under a million dollars. I live in a village where you have to spend at least USD 20K to buy the land where you can start building your dream house. Imagine the cost of the building, then. Bangladesh is considered as one of the cheapest countries yet it's not that much cheap to be honest.

[Altryist]

Really brother? Do you consider ten thousand dollars to be enough to start a real estate business? We can invest as low as $20 in crypto since there is no minimum. Or say we can even buy $10 worth of crypto these days. If you want to start some ordinary business, ten thousand dollars is a kinda good amount to start. But if you talk about the real estate business, I cannot think of a real estate business anything less than 100K USD.

At least one million dollars is a good amount to start a real estate business. But if you cannot afford much but really want to start, I don't think anything lower than a hundred thousand dollars would help. The notable thing is, that it can vary from place to place.

And if you don’t buy an apartment, but look at some commercial properties, if you buy them in a good location, it will always be in demand and will bring more profit than renting out housing. Perhaps in some cases you can take out a loan for such an investment, but with a loan everything always becomes more complicated, and everything will depend on how much this property will be in demand, it all depends on the area and location.

[Learn Bitcoin]

And if you don’t buy an apartment, but look at some commercial properties, if you buy them in a good location, it will always be in demand and will bring more profit than renting out housing. Perhaps in some cases you can take out a loan for such an investment, but with a loan everything always becomes more complicated, and everything will depend on how much this property will be in demand, it all depends on the area and location.

I agree!
I don't support taking a loan for investment alone. But you may already know that even billionaires take loans because there is a trick. By taking the loan, they get some advantages. I don't know what are these advantages. Generally, it seems they take loans because they want to invest in their business, but it's not always true.

If you talk about property locations, it is the key factor. If you build your property in an area where you won't be able to rent it, the investment will turn into lose project.