How to create your own business: real estate

Great business for serious people - investment in real estate. The power of any person at any age. If you have a small start-up capital, and you want to invest it profitably, that is an interesting business that can develop both the main and additional areas of business - the garage: purchase and sale, repair and construction, real estate brokerage and rental.

You will need

• - start-up capital.

• - garage cooperative.

• - list of development directions

Instruction manual

1

In order to engage in the garage business, you must have at least some kind of auto real estate in the asset. Therefore, when starting from scratch, you will need start-up capital in the amount of the cost of one garage. Real estate, in any of its manifestations, is growing in price. Both residential and commercial, as well as car real estate rises in price every year. Garage rental too. You can make good money on this and create active-passive income.

2

And so, you decided to start a new business for yourself, where to start? Look for a garage cooperative in your city with relatively low annual fees. This is very important, as this will be the main item of your expenses, except for investments in the purchase and repair of garages. There are several garage arrays in the average city. In each of the last at least 100 garages. In general, your task at this stage is to become "your" - to become a member of a garage cooperative.

3

List of directions for the development of your garage business:

1) Purchase and sale.

2) Garage rental.

3) Repair and construction.

4) Garage realtor.

You can choose one thing or combine everything together.

You can do everything yourself, or find helpers. Optional.

4

Purchase and sale. We find not an expensive garage. Usually these require repair. And having already evaluated all the pros and cons, you either buy it or look for another one. Sometimes there are good garages that do not require additional investments. And then you just put it up for sale. Sell ​​and get your profit.

5

Garage rental. If the cost of garage fees allows you to profitably rent your garage, you can create an excellent passive income. Sometimes the garage for many years gives additional income, pays for its value and brings already net profit. Rental profitability is not high - 20-30% of profit per year. But if one chooses between a deposit in a bank and a car real estate, then it is better to choose the latter.

6

Repair and construction. Some garages have to be repaired, others to be completed. You will do something yourself, hired workers do something, but the most important thing is the useful experience of building garages. And here you can already organize an additional branch of your business. In the garage areas a large number of dilapidated buildings, the owners of which are not averse to repair them. Usually this:

1) The roof is leaking.

2) The gates settled, it is necessary to raise.

3) Make a gate at the gate.

4) Put the internal lock.

5) Replace rotten floor.

6) Water in the caisson.

7) Make a viewing hole.

8) Wall build up.

9) Replace the gate.

As experience shows, for various reasons, owners can not do it themselves. Either there is no time, the age is not the same, or they simply do not have the skill of a builder. Therefore, you post an ad on the board in your garage cooperative, advertise on the Internet. And doing your job along the way, repair garages to your neighbors in the array.

7

Garage realtor. This direction brings a small one-time income and is usually random. If you know a person who wants to sell a garage, then you can reduce it to someone who wants to buy. And get your commission. And if you are looking for inexpensive garages for yourself, you will have a whole database of sellers. Keep records, record all the phone numbers of owners, garage numbers. You can even take a photo of the facade of the garage and make a kind of file cabinet. In some cases, this can be very useful and convenient.

note

You can engage in this business at any age.

Useful advice

It is much more interesting to rent them out. But if it happens to sell, then do not hesitate to sell. And make a profit in the amount of an annual rent. Next, within a month, find a new garage and repeat everything. Priority direction everyone is free to choose for himself. If you take the matter seriously, you get a very decent income with a free work schedule.