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Updated over 6 years ago on .

User Stats

26
Posts
3
Votes
Shane X.
  • Real Estate Investor
  • LI, NY
3
Votes |
26
Posts

I'm in a country in which property started booming 2 years ago

Shane X.
  • Real Estate Investor
  • LI, NY
Posted

I'm currently in a country in which real estate has been booming and it shows no signs of stopping. It's non stop building here. Eventually it will stop as we have very limited space with an area of about 316 km².

Anyway, I want to get in this before it's too late. Along with this boom, comes some foreclosures which has started to also become popular here. A few years ago, you would never hear of this. Now, it's slowly to become a common occurrence.

I'm trying to get an idea of which route I should possibly take.

I was thinking about starting a we buy houses website for here,  OR buy a piece of land (which is quite expensive now) and slowly build apartments on it (many places only zone for 3+1 so 3 apartments plus penthouse)

Just looking for some advice or even your own personal suggestions on how you would go about something like this and getting your feet wet.

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