At the current age of 32, my circle of relationships consists mainly of work. So not out of trend, the real estate investment segment was researched and closely followed by me for 5-6 years. For me, “trade with friends, sell with wards”. First of all, buying land and a house are ‘commodities’ of no small value, so instead of playing alone in the middle of a windy and windy flea market, I opt for a ‘group meeting’ with friends for safety’s sake. have the same mindset and investment method as a club.
Since then, I’ve found that a lot of interesting things come out of this group.
Amid the current country fever, everyone will have their own criteria for deciding on owning a satisfactory property. Figure, source: Internet.
“EVERY WORD IS USEFUL BUT HAS A SET OF ITS RULES”
My team members are currently 4 people. First it was me, then there were two older sisters working in the same old company and a brother I knew from when I was “fighting” for a piece of land in Bao Loc. We have different backgrounds, our current job has nothing to do with it, but after the four people bought the first plot together, it felt very good and appropriate, so we agreed to “create a team”. “Support each other when needed.
That means we don’t always have to buy land together, or “You buy this piece, the other 3 have to buy it”.
Illustration. Source: Pexel
We have a ‘you have your relationship, I have my relationship’ rule, but if there is a good project or property that someone cannot afford, it is discussed with the members. remaining pellets. All are based on the spirit of voluntariness, fun, although they are close, they also have a clear contract in order not to lose peace. As I said at the beginning, the most important thing for our group of friends to play and work together until now is the similarity in each other’s mindset and investment mindset.
There were occasional arguments, but luckily it never went too far. At the same time, we had many successful purchases and sales of projects to accumulate capital and accumulated wealth for future family life.
“COLLECTION” LAND VIEW SEVERAL CATEGORY
Let’s remember the two sisters in my group who are now almost 35 years old, the eldest child has not yet entered the first grade but has owned in his hands no less than a dozen plots of land ranging from small to large. When family members bought land near the city or project land about 3 years ago, the two bought a few pieces for themselves. Some are on the hill overlooking the valley, others are close to the lake just because of that “Go to the place and see the beautiful view and so peaceful, just buy it…”
Figure, source: Internet.
Due to good financial strength and strong capital, my sisters almost never decide to make a quick sale when buying these lands. The two even planned to build a house, renovate the garden, … after completing all the formalities, create a place for the whole family to rest and relax, to escape the noise of the city. Another goal is that the couple move here more often when the children grow up, instead of preferring apartments or terraced houses.
Figure, source: Internet.
Personally, I think it’s true that this type of property choice has great potential for the future, BUT it also carries some risk, both in resale and in unsecured housing. Not to mention the legal papers, because most of the land with nice views in remote or low-lying areas is farmland that is difficult to colonize. Not to mention that I am far from the city center and traveling also faces certain difficulties. That’s a big part of the reason I’m not following this trend, even though the land value at the time of purchase is very cheap compared to projects near the city. which I previously prioritized.
I don’t know if there are other people besides my sisters who buy land according to this criterion?
*Posts from character’s perspective, not recommended to invest or follow.