Sunday, March 3, 2013

Annno177 Tutorials to Earn More: Strategies for Steady Income by Renting Houses

This procedure is very simple to follow and will guarantee you a steady source of income.
You will need to have a house construction company and to invest some money in raw materials in the beginning.

Let us proceed .

Build houses Quality 1 or Quality 5 those are the ones who are usually rented by people . Once you’ve built your first house sell it to yourself for 1 RON . You will find the house in your inventory and you will be able to set the price for rent there. Take a look at demographics check out the regions with the biggest population and estimate their demand , according to that estimate start building and renting houses. When the demand gets low move to another region and repeat the previous steps.

Let’s crunch some numbers :

In region A you have 10 level 1 houses for rent at 1 RON/day and 5 level 5 houses at 5 RON/day , total monthly revenue form houses will be 1050 RON assuming we only manage to rent them for 15 days out of 30 and we will still make around 500 RON , assuming we add to my example 5 more regions we will make around 2500 RON/month .
Keep in mind though that houses are very costly to produce so you should probably make an estimate on how long till you start recovering your investment .
 



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