So instead of buying a third suite in Shenzhen, I chose Dongguan, which is very close to Shenzhen. Unlike the original intention of buying two suites in Shenzhen, the two suites in Shenzhen are needed by themselves or their families, but this third suite is a real investment behavior. Why I have this idea also comes from my own judgment on the housing price in Dongguan, because I know that a communication company of the world's top 500 will move to Songshan Lake in Dongguan, which will inevitably lead to an increase in housing prices.
Therefore, the goal of this third suite is relatively clear, that is, the purpose of investment, and the area where the property is located is also very certain. We must try our best to simplify the whole purchase process. Because in Dongguan, I can't go to see the house often, so I mainly collect relevant information through several channels. First, search for listings through an App like "Anjuke"; The second is to ask people who have already seen the house; The third is to consult with an online intermediary.
In order to save the cost of buying a house, I decided to buy a first-hand property. I have introduced the hot scene of buying a second house in Shenzhen during the economic cycle, but the property market in Dongguan is not so hot, at least not in the summer and autumn of 20 15. It will be more cost-effective to buy a first-hand property. Because it is an investment, it is necessary to save time and energy, so it is best to buy a decorated apartment, so that you can rent out some furniture and appliances after you close the house.
In fact, there was a little deviation before investing in this property. I have a sum of 300,000 yuan for my old classmates to invest in, but I haven't got back the principal for several years. Originally, I planned to use this money as the down payment of Dongguan real estate, so that I could at least invest in a small three-bedroom house of at least 90 square meters, but this idea can only be ruined. However, this did not discourage me from continuing to invest in real estate in Dongguan. I can't invest in a big one, but I can also buy a small one. Moreover, after my own investigation, I found that there are only small-sized apartments in Songshan Lake area, and the larger ones have to decorate themselves, which has strengthened my determination to invest in small-sized apartments.
It is understood by all parties that a new building in a residential area has been locked. The service in this building is very good, and there is a special bus from Shenzhen to see the house. The location of this building is also good, and the transportation is convenient, so I decided without hesitation. There is also a real estate promotion activity, that is, developers can borrow 20% down payment, that is, buyers only need to pay 10% down payment. The 20% down payment borrowed by the developer can only be repaid four times in a quarter of the following year.
I bought an apartment with a total price of 340,000 yuan, and directly paid 10% down payment and some miscellaneous expenses with a credit card, and the other 20% down payment of 60,000 yuan was paid by the developer. Miscellaneous expenses also include lawyer's fee 1000, and help with various procedures and apply for a loan. Compared with buying a house in Shenzhen twice, looking around, borrowing money everywhere and being in a hurry, buying a house this time is particularly easy, just like buying food with a credit card in a supermarket.
I bought the second suite in Shenzhen at the end of 20 14, but I didn't take it in the autumn of 20 16. After I took it, I had to spend my own money to decorate it. However, I bought this suite in Dongguan during the National Day of 20 15, and delivered it with decoration at the beginning of 20 16. When the house was delivered, it was already 50% higher than the original value, which was really a good investment.
After handing over the house, I found an agent and gave him the key to help me rent it. At the same time, I bought a complete set of furniture and appliances in JD.COM and delivered them to my door for installation. The house has been rented out, and the rent can completely cover the monthly payment. I will raise the rent by 20% next year, and with the appreciation of the property itself, there will definitely be a good rate of return on the whole, and all this can be done by swiping a credit card.
Buying a house is also to gain experience in practice. Over the years, I have bought second-hand houses, first-hand dishes, local and foreign, and accumulated a lot of relevant experience, especially how to repay loans, how to use provident fund, mortgage real estate and rent houses. Now people often ask me about buying a house. Everyone thinks I am good at investing, but in fact I learned it from practice.
I also have some little experience about investment real estate. First, if you don't have much money, it is not recommended to invest in larger units, especially those that exceed 144 square meters, preferably within 90 square meters, because smaller units are easy to rent and sell. Second, try to buy something with decoration, because it is an investment, and if you spend time and energy on decoration, it will increase the investment cost. Third, buy furniture and household appliances online, pack them, deliver them and install them, and then rent them as soon as possible to reduce the holding cost. Fourth, try to buy a property with convenient transportation, not a second-hand house, so that the transaction cost will be lower and it will be convenient for subsequent rental and sale.
There is also a way to manage money, that is, if you have an investment-oriented property on hand and don't intend to sell it in the short term, you can consider mortgage to get a loan. The interest rate of mortgage loans is usually not high, which is about 20% higher than the benchmark interest rate of loans, which is already lower than the income of many wealth management products. Therefore, if you need to travel abroad, decorate, spend in bulk, or do business, you can take the form of mortgage loans, instead of using your own cash deposits, and use your own cash to buy wealth management products to get higher returns. (The loan obtained by real estate mortgage needs to provide a description of the purpose and cannot be directly used for investment and other purposes, so it is equivalent to replacement here. ) such an investment property can obtain: 1, rental income; 2. Real estate appreciation; 3. Income from purchasing wealth management products with mortgage loans.
4. Income summary of several properties:
The first suite (44 square meters): Shenzhen, 20 1 1 the total price at the beginning of the year was 750,000, and 20 16 was worth 3.2 million, with an appreciation of 327% in five years;
Second suite (88 square meters): Shenzhen, with a total price of 3.85 million at the end of 20 14, and a value of 7.9 million in 20 16, with an appreciation of10.5%;
The third suite (42 square meters): the coordinate is Dongguan, and the total price in autumn of 20 15 is 340,000 yuan, and the mid-term value in 20 16 is 550,000 yuan, with an appreciation of 62% in 16.
In the previous article, I also mentioned that my cousin bought a small apartment of 45 square meters in Shenzhen in 2004. At that time, the price was only over 3,000 yuan per square meter, and the total price was only 1.5 million. By 2065,438+06, the value of the house was 2.5 million, with an appreciation of 65,438+0.567% in 2004!
I once had a female colleague who bought herself a single apartment after she started working for half a year at the beginning of 20 12. The down payment is 200,000 yuan sponsored by her family, and the monthly payment is her own. Not long ago, she told me that she had sold the small apartment for a big house worth 5 million. There are also many friends around me who think why they didn't buy a house a few years ago, and now they can only look at the house and sigh.
From the above summary, we can see a rule that the speed of housing price increase in first-tier cities is really amazing, and only personal experience is more profound. I am not a real estate speculator. The real investment property is just a small apartment bought in Dongguan. Although there is a good rate of return, the total price is low after all, and I haven't made much. The two suites bought in Shenzhen are essentially their own housing needs, but they just happened to seize the opportunity of rising house prices. Buying a house is like some opportunities in life. Sometimes I bite my teeth and catch it, sometimes I miss it by watching.
About the author: Jane, today's headline signing author, LinkedIn columnist, Sina finance columnist, notes and other major financial platforms invited financial writers. Personal finance books have been published, such as Managing Money Early, Being a Rich Woman Easily, Managing Money While You Are Young-I hope you can live the life you want, as well as a workplace inspirational book, Work hard for you to choose. Wechat official account: Mucheng-Life