Buying a house 🏠 as investment
Should we buy it at City 🌆 centre as apartment or outskirts as 3 Storied building 🏢 as it generates rental income
Investment Intent matters.
Source of funding matters.
Asset Allocation post investment matters.
In general Rental income ROI is not that great.
Official figures are 3-4%.
Considering one lucky, and successfully timing the real-estate market cycles, may end up making 7-9%.
It's not that easy as it appears, maintainance overhead is always there. 3 story in any city center - fully legal and compliant to all laws is also difficult to find. Risk is unknown and undefined here.
