Buying and selling profitable real estate

Real estate buyers, do you buy cheap real estate and sell it at a high price when you resell it?

It is a simple question about real estate purchase.

Isn’t there a used car shop where you buy cheap and sell high
? I feel like a recycler looks at his feet in the first place.

I think it is a frank opinion.

Let’s consider the flow and cost until resale.

  1. Find a cheap property at auction. Sold for 13 million yen. The building is old but close to the station, in the Tokyo metropolitan area.
    To fix the inside as a skeleton. 1.5 million yen cost
  2. There was a resident. Agreed to go out. Pay the moving price. Cost 550,000 yen
  3. There are non-payments such as management costs and repair costs. Liquidated because it became the owner. 400,000 yen
  4. Finally, the renovation is over and it is ready for resale. Sold for 19 million yen. It
    costs 200,000 yen for advertising .

5, It is not easy to sell. An intermediary will come up with the desired price. 18 million yen.

  1. There is a separate fee. 500,000 yen.
  2. Other cost registration fees, income tax, borrowing to the bank and paying the first price,
    so if you subtract the interest rate and miscellaneous expenses, you can clearly see that it will not be profitable.

It seems that real estate purchasers are not making much money than they think.

Read about me and my passions on my about page


Funny story

When I see a story about debt in a movie, there are many cases of debt consolidation.

We need to know that there are disadvantages to debt consolidation in two or three years.

The first thing to be aware of is debt.

There are only a few Japanese actors, but there aren’t many people who are just looking cool.

That’s why I was looking at a cool man after a long absence and watching my eyes while watching the house alone.

The only thing I felt sorry was that the actress acting as the opponent wasn’t very beautiful, so I want her to be more serious.

I think some people will feel like me, so I think female fans are tough if you don’t take a serious male partner seriously.

By the way, when I watch a movie, I don’t eat and drink so much, I focus on the story, so I don’t eat while watching at a movie theater or at home.

The more you eat, the more you get fat.