Quote:
Originally Posted by samsaf
To all the Gurus who are already in the Property market.. this one is for you:
If you had to do it all over again... starting today.. and you only have 300,000 DH in the back... were would you buy your first property now???
(as you might have guessed... I am that person.. 
But since this would by my first investment.. .I don't wanna invest in the wrong place.... I was thinking of a studio at Bab-Al-Bader in RAK... I am thinking that would be like investing in the Palm 3 years ago... But then again... will i be able to flip it quickly?? I hate to be stuck with a property that I cannot sell !
Or should I buy in Dubai? With all those big investers around me... will I be having a chance within those big giants?? Emmar and Nakheel...? They are too big for me!
That do you think??  |
Have a back up retaining plan, in case you cannot flip.
RAK has the same " Build and they will come " policy like Dubai. Wherever it is, think of buying to rent. If you go with that in mind and if you can flip on the way ( which you want to )then it's a bonus for you.
Regards
Roshan