Would you rather buy an apartment or start a business with $50k ?

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UrbanSnake said:
This is a serious question that I'm truly interested in hearing some answers. I know that most members here are from America and Europe and in those places, with $50k you can't buy an apartment, but here in Latin America you can buy a decent one (in some cases more than 50m2 in a good neighborhood, nothing fancy but a decent place).

Considering you don't have any property under your name, would you rather buy a decent department or start a whole new business on internet with this money and try to buy a better department in the future?
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Why not both? Use the apartment as a business like Airbnb.
 
Where in Latin America do you live?

An apartment, like a house IS NOT AN INVESTMENT, It is a liability

With the economy imploding and getting ready for a depression,
renting an apartment is a better choice

After rent, food and survival covered, building a business should be your concern

You can build MANY online businesses with that money available

Join WSODownloads.IN and take 6 o 7 of those courses

Authority sites, Etsy, Drop Shipping, Amazon, Funnels, AI Content generation, Youtube

These kinds of courses are also in the BHW downloads section

Get Educated and then decide what to do

Sincerely,

The Eye
 
UrbanSnake said:
with $50k you can't buy an apartment
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If you're talking about buying a condo... An apartment you rent here in the US but a condo @ 50k is going to be in a low income area(Bad Area). My condo which I own is worth $280k I bought it for $173k I've been here for some years. Just to give you an idea how it's here in the US.

And with the money I would rather by a home than start a business. But if I had $50k and was here in the US I would keep saving up unless I didn't care about living in a bad area.
 
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Smart people invest $50k into property like land, apartment, gold, etc.. instead of investing in business, which is quite similar to Gambling

Think from many aspects & make your own best choice. Good Luck for positivity
 
both are good but I'll go with buying the apartment, unless you are ready to do everything and keep the bussines up I know is being hard all around the world and sometimes small bussines are the most affected.
 
It depends on your goals: buy an apartment for stability and long-term growth, or start a business for potential high returns but higher risk.
 
UrbanSnake said:
This is a serious question that I'm truly interested in hearing some answers. I know that most members here are from America and Europe and in those places, with $50k you can't buy an apartment, but here in Latin America you can buy a decent one (in some cases more than 50m2 in a good neighborhood, nothing fancy but a decent place).

Considering you don't have any property under your name, would you rather buy a decent department or start a whole new business on internet with this money and try to buy a better department in the future?
Click to expand...
I would invest in a solid business and rent for a while.
 
with 50k$ in my counry, you can get all that mention but it depend on location. in a state 50k$ cant even get you a long talk more of an apartment. so i suggest you go to a location that this money can do a lot and get an apartment for yourself. in a state where i stay you can get a full aprtment of 10k-15k$ and you start a busines of 20k$ and use the remain to take cre of yurslef and push your businss forward
 
Yo, my neighbor, whassup, my bruh?

Bruh, I’d go for something solid, you know? Especially if it’s something you’re good at; it’d be a smart move to invest that money to generate income.

Plus, since we don’t really have true private property in this world, especially here in our beloved Latin America (or America Latrina).

A buddy of mine told me that buying property will only be worth it in 2040-2050 when the boomers are gone, since most of the properties belong to them. It’s also a good move if you’re super rich.

My recommendation would be to focus on generating income. Plus, you could rent a dope place in Latin America (or America Latrina).
 
This is a really good question. Gets my juices going…

I would rather take $50k and invest in my business. Spend time building and growing passive income so that I can then turn around and buy an entire apartment complex with my returns.

I can then rent out those apartments minus one (which would be mine) AND BOOM! 2nd income and an apartment complex later… I am set.
 
Here’s my opinion on owning property: Maybe it’s because I live in Spain and the laws here are ridiculous, but I’ve always thought owning property is a bad idea unless it’s purely for business purposes (like an industrial warehouse, for example). If I were to face a legal problem tomorrow, I wouldn’t want my belongings to be seized. I also don’t want to worry about squatters taking over the property, tenants stopping their rent payments, or the house being destroyed by a natural disaster and the insurance not covering anything (as has recently happened to many people in Valencia because of the DANA).
 
If I had 50k USD, I would probably spend it on my career and business. It doesn't make sense to buy a house. When you have 50k USD, you can consider paying the rent of a house for a year in advance and investing the remaining money.
 
I would rather rent an apartment and start a business. Problem solved.

Also, @UrbanSnake you have started asking serious questions. This is great. Though old version of you used to make me laugh like crazy.
 
1. buy apartment
2. rent apartment
3. push money into scaling business



I'm not sure if what I'm about to propose is possible in your country but here in The Netherlands it's very lucrative


People buy apartments in the city and rent out single rooms to students.

So the landlord gets for example 4x 600 euros per apartment, instead of 1200 if they rented the whole apartment to a single user.
 
Depending of how old are you.

If you want to start a business, do it with less to none money, see how that goes. I can't stress it enough, bro, before you invest in anything, just see if people are buying it first then decide if it's worth investing.

If you have a good steady cashflow atm, a condo isn't a bad investment at all. Some people like to have a "safe base" and that it's nothing wrong with that.

PS. Myself I would expect till 2026 and just throw it in BTC after this cycle ends.
 
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