Personal financial condition is indeed an important thing to consider before starting to invest. If you choose to borrow funds to invest, then this is a pretty wrong decision. Borrowing funds does not mean that this is a bad thing, but by borrowing funds, you must always make sure that these funds can be paid according to the conditions that have been set. Concerning borrowing funds, investors usually have to have a regular monthly income, and also don’t forget that the borrowed funds should not exceed the number of funds that were previously owned. For property investment funds, this is generally in the form of down payment, installment fees, and other costs. In this case, those of you who want to invest, try to save first. When the money has been collected according to the price of the type of property you want, then you can start investing. One of the newest property investments or new launch that currently has a lot of interest in property in the form of condominiums.
You need to know that when you become a condominium investor and you do not want to sell your condominium unit, then you can have the opportunity to make a profit by renting out your unit. Thus the ownership of the unit remains in your name and you will also get money in your account every month or year from the rental results. Of course, if it is calculated and rented out to the right person, this will be a big advantage.
There are already many investors who prefer to do it this way, namely by renting out. You will be able to get cash flow every month. You can try to calculate, the cash flow that you will get as a condominium investor has an average amount that will exceed the deposit interest.