There may be many ways to make money. But the best one is to invest on real estate and use your capital in building a house. Property is such an asset which will see appreciation in value with each passing day.
• Buy and hold property- this is a strategy that most real estate master minds would prefer doing. First buy the property and then keep it at hold for a longer period of time till the value of it appreciates to almost or more than double. Generally people tend to buy the property while they are in their mid-age and working. After retirement approx 20-30 years later selling off the property would give them a huge amount just like a tidy nest egg, leading to a healthy retirement plan.
• Buying ownership- owning a home is the basic investment in properties one would love to go for. A shelter to live in is the basic necessity of life. Investing once in the property will give you life time security as well as over the years the value for the property appreciates. So if you wish to sell off the present one and shift to a one room apartment be sure to have a hefty amount and a peaceful retirement after the property is sold. Residential Construction British Columbia and mostly all places follow this strategy.
• Co-investment with acquaintances- everyone dreams to own a home. Even if you have a low income or other financial constraints but wish to buy a property join hands with your near and dear ones. The advantages of this strategy is that you can own a property with lesser amount of capital, you can always have a second opinion with your co-investor and at times save yourselves from taking wrong decisions in a haste. But with the positives of this kind of investment strategies there are certain flaws as well. Be sure you have good terms with your co-investor or else things might end up on a wrong note.
• Group family method of buying- this is a very strategy to buy the residential property. Residential construction Ontario, Australia, Asian, Mediterranean and most part of the western countries have adopted this strategy. The newlywed couple is gifted a house by both the families and the near and dear ones. Both the families come together and contribute for the new home. Pool contribution from other acquaintances are made and clubbed together for the purchase. It is like a kick start contribution for the couple. Rest they can keep compiling money to clear the mortgage and own the house with time.
So if you are planning for a new home keep in mind the investment strategies for a long term gain.