Making money from offline business

[jjohanson]

How to make money from offline business, please share any new way ?

 

[Golem]

I don’t know what is the most profitable business idea for your country, but in Europe, the latest trend is buying a property for daily rental income through airbnb.com and the similar websites.

Short-term rental of apartments can bring in 2-3 times more than renting the same property for the long term. This is especially true for large cities, because the main contingent of tenants — tourists or business people— are not willing to overpay for a hotel room.

There are 3 ways to start this business:

you can rent an apartment for a long term, and then rent it for short-term to subtenants;

to rent your own apartment in the city centre, taking a cheaper one on the outskirts of the city;

Buy an apartment on credit, rent it out for paying the mortgage loan.

 

[Margo]

It would be lovely if you told a bit about yourself: gender, age, education, your hobbies, startup capital. This would make it much easier to select the type of business that suits you best.

By the way, to introduce yourself is also the easiest way to get the Verified account status — all you have to do is to tell about yourself in this forum tread.

 

[investormaiden]

Find any interesting things in your social, be more creativ