A property mentor told me that if I invest in individual homes, it becomes scattered all over different cities. Operating the business becomes crucial and efficiency is difficult to achieve. Think of 10 roofs to fix, 10 boilers to replace. Owning a building is better as the land content supersedes the operational aspects. Think of 1 roof to fix, 2 staff to keep in a building of 50 apartments, or 100 student pods, or 50k square ft of office space.
My next dream is to start a fund to own buildings. It could be serviced apartments, student pods or apartments. The next three years will be exciting.
My next dream is to start a fund to own buildings. It could be serviced apartments, student pods or apartments. The next three years will be exciting.
