Whole Building or Developer Project
Whole Building:
- Control: Owning an entire building gives you full control over the property, including management and maintenance decisions.
- Revenue: There's potential for higher rental income as you can lease out multiple units.
- Customization: You have the ability to renovate or modify the building to suit specific needs or increase its value.
- Modern Amenities: These projects often include the latest amenities and infrastructure, attracting higher-end tenants.
- Lower Initial Cost: Typically, they require a lower initial investment compared to purchasing an entire building.
- Professional Management: They are usually managed by professional property management companies, reducing the burden on you as an investor.
The choice between investing in a whole building or a developer project depends on investment goals, budget, and willingness to manage the property. Both options offer unique benefits that can align with different investment strategies.