Investment Property in Tongjiang

Investment Real Estate in Tongjiang

Investment Property in Tongjiang
Investment Property in Tongjiang

Tongjiang property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Tongjiang.

Search Map of Tongjiang Investment Real Estate

Tongjiang (Chinese: 同江市; pinyin: Tóngjiāng Shì) is a city of 160,000 in eastern Heilongjiang province, People’s Republic of China, located at the confluence and on the right banks of the Songhua and Amur Rivers, the latter which marks the border with Russia. Administratively, it is a county-level city of Jiamusi.

Get Our Latest List of Investment Property in Tongjiang

The financial stability of Tongjiang has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

 

Buy to Rent in Tongjiang

 

Renting out your Tongjiang buy-to-rent investment property can grow wealth and income.

 

Whatever your goals with investment property in Tongjiangare – preparation is key:

 

  • Set goals based on how much rental yield will be required and the local rental yield rates in Tongjiang and be prepared to change your initial outlook.
  • Thoroughly research the Tongjiang location with a special emphasis on fringe areas outside the main Tongjiang metropolis that may be valued lower than their better-known neighbours. Rental yields of around 5% are still attainable in certain areas of Tongjiang.
  • Ensure that your target investment property in Tongjiang appeals to professionals. This is a demographic that ensures maximum income and low voids.
  • Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent with local knowledge and experience of property legislation will give you the best chance of success.

Flipping Investment Property in Tongjiang

Flipping property in Tongjiang

 

Flipping property is when we advise clients to buy a Tongjiang property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Tongjiang market has a time to react to the renovation.

 

The Flipping Strategy in Tongjiang

 

Investment property flipping in Tongjiang is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Tongjiang real estate investments are sometimes referred to by professionals as ‘distressed’ Tongjiang real estate.

 

What is distressed Tongjiang property:

 

  • Tongjiang property in need of renovation
  • Tongjiang real estate with a change of puropose and use
  • Oversold Tongjiang property
  • Bank repossessions in Tongjiang

 

Put simply, long term investors in Tongjiang purchase the property, renovate it and make it a lot more attractive to potential buyers.

 

Calculate profit that you make from Tongjiang investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Tongjiang property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

 

Experienced property developers in Tongjiang use a minimum profit value of 22% when looking at potential Tongjiang projects. The reason for this is because there are lots that can go wrong in Tongjiang property flipping and working on a potential margin of 22% should still leave a good margin of error.

 

Property Secured Investments is a Private Equity fund that invests in Tongjiang and many other towns and cities across Europe. The fund is only available to Sophisticated Investors and closed to United States Citizens. While this is not an offer or promotion of the fund, more information can be found at the website

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