I plan to renovate the rough house in my early 60s and then sell it, is there room for arbitrage?

in the purchase of a rough house.

It is very necessary to conduct a reasonable market assessment beforehand, only in this way can you accurately ** the relevant development trend and ensure that your investment will not be disappointed due to wrong judgment. There is a certain rationality for earning the spread in this way, as follows:

1.Because the overall industry situation is good, there is no need to worry about the bamboo basket being empty;

2.Doing your own renovation can effectively save costs through good planning;

3.After the house is renovated, it is easier to rent or sell.

However, any investment behavior will inevitably lose money for a variety of reasons, so many suggestions can only be used as a reference. When similar ideas are generated, the necessary market research can help people better understand the actual **, so that they can calculate a series of costs and profits in advance to ensure that they are confident.

First, the industry trend is good, due to work, family and other factors, many people are more willing to buy a house that has been renovated to save time. After all, the renovation process is extremely complex, and every detail in it requires great attention. It is also a good choice to spend more effort on your own in exchange for greater profits.

Second, the cost is easy to control the outsourcing of decoration because of labor costs.

There will be a big price difference, so it is very necessary for those who have time to participate in it themselves. In this way, you can complete all the expected renovation work within the minimum budget, so that you can get more profit margins. <>

3. Decoration to enhance the value of decoration as a way to make your house suddenly new, can effectively enhance the overall sense of the house in a short period of time, so as to attract customers who are interested in decorating the house in the process of selling. In the process of selling, you can't be too convened, and only by being patient can you sell at the most appropriate value. <>

What tips do you know to use during the renovation process?

There is basically no arbitrage room for selling a house after it has been renovated, and the specific reasons are as follows:

1. Decoration cost.

After buying a rough house, as long as it is vacant for about 2 years, and then sell the house after the house price increases, you only need to pay various taxes and fees during this period, but these fees are still small compared to the bid-ask spread.

If the decoration, when selling the house, you can only roughly calculate the cost of decoration, and the decoration will be discounted to a certain extent, some people will even try to point out the shortcomings of the decoration, so as to reduce the **, so the decoration pay is not proportional to the income.

2. Taxes and fees.

After the house is bought and sold, it becomes a second-hand house, and we will generate individual income tax and business tax when trading, and the tax rate of buying and selling houses in some places may be as high, so even if the house price is a lot, the profit in the middle is limited, if you count the decoration cost, the profit is estimated to be gone, and you may even lose money.

3. Time cost.

It is inevitable to spend a lot of time and energy to decorate the house, and these times can be converted into cash in a certain time, and on this basis, plus the cost of the decoration company and the decoration workers, the profit must be gone, and sometimes even at a loss, so I personally recommend that the rough house should not be decorated, and it is better to sell it directly.

No, the difference between the decoration cost and the house price is not proportional, and the renovated house is more than the rough house.

Personally, I feel that there is room for arbitrage in doing this, because I can sell it at a good price after decorating it myself, and the cost is not too expensive when I decorate it myself.

A well-decorated house is just a decoration design for you according to your preferred decoration style. And people who are interested in buying your house don't necessarily like it.

For the decoration you don't like, you need to dismantle and renovate, it can be said that you have spent a lot of effort to decorate the house and want to attach the value of the decoration to the house, others may not agree, because it is worthless for others.

Some even have to spend a lot of labor costs to dismantle these useless decorations.