Making Money On Appartment Building
If you are the owner of an appartment building, then probably you can earn money in many ways, buy I will try to describe as many possibilities as it is only possible.
As far as we all know investing money in real estate is a good idea, and usually it is a good way to keep money in a safe place.
In rare ocasiopns real estate drops it value, but in few years everything come to normal prices.
If you are the owner of multi appartment building then you can request a rental payment, and this business was always profitable in USA.
If rooms are really small, then you can make a small hotel, in this case you will get your money back, that you invested in building in 2 or 3 years.
If there are lots of tourists in your town, then probably a hostel will bring you lots of money, because you can place 2 or 3 guests in one appartment.
Your choice will depend on a place where you have built your appartment building.
You can even build a townhouse. In this case you will have lots of people who will pay you money regularly.
So you have lots of ways to earn money with a help of multiappartment building.
And of course you can live in one room of such hotel, and in this case there is no need to pay lots of money for living.
This business is really good, and very popular in America which means that demand on such business is very high.