The reality of real estate investment in Vietnam

As promised in the previous post, today I would like to mention a specific example to demonstrate the problem that I have made. The real estate investment in Vietnam is currently one channel profitability and effective interest rates on investment is very high. On a beautiful day by chance I met a friend who was doing in the field of banking and finance and senior business property for rent.
Because of the relationship with the bank, he has introduced me to the bank is playing a hotel forever. The selling price of this property is $ 600,000, rental rates are $ 1,000 / month. With my experience, I rate this property very suitable for development of the model rooms for rent. I undertook to contact the caseworker The other banks

Property Assessment: 

After contact with bank staff, and I have to consider this hotel. Here is some important information:
This property is offered at $ 600,000, but according to disclosure of bank employee, I can negotiate with the bank and bought this property for $ 400,000. The hotel has 4 floors, a total of 28 rooms. The rooms that can be rented at prices ranging from $ 50 to $ 150 a room. Preliminary rooms for rent, revenue will be $ 2,000 a month. Suppose I rented this property is $ 1,000 a month as above, after subtracting this I can get the maximum profit is $ 1000 a month on this property. If the buyout calculate this property for $ 400,000 I'm sure sell this property for $ 500,000 in 3 months. Thus the net profit on the property is $ 100,000 three months.

Conclusion:

The profit potential is very clear with the problem of investing in real estate in Vietnam as in the example above. The problem here is that funding to implement this plan investments. The capital raising is very difficult in Vietnam, so if the funding issue, I can gain huge profits from investing in real estate. The idea here is that I will combine experience and my knowledge of the real estate market in Vietnam, along with those who have abundant capital wants to invest money in a certain area but do not have the knowledge or uncertainty for investors. Profits earned from investing in real estate in Vietnam will be divided in proportion to the agreement between the two parties. A great combination to achieve the plans and objectives of both parties.
Finally, ten thousand mile journey begins with the first step. Then you will go to. And together we will achieve what we all can dream.