23 Apr Ownership of the Property
Ownership of the Property
You can trace back the ownership of a particular property to see how it has increased over past years. When was it first sold and for how much? How many times has it been sold subsequently and trace the history of that particular property and how much has it gone up however long it’s been sitting there. Get an accurate historical picture and apply that to the future so you’ve got your opportunity cost ROI plus what you believe its true growth rate is going to be in the future. Then you have got a figure to compare with what else you might be able to do with that money.
We always recommend that you seek professional advice as this blog is for general information only