There are two things to consider in buying real estate properties, or any additional holdings. We have to consider if the property will bring money to our pocket, or get money out of it. Buying properties come with maintenance and if the expenses that will be incurred is greater than the income it will produce, we have to reconsider buying.

There is one good piece of land adjacent the place that is for sale. What will be the use if we buy it? Assessing it the property will not bring good income, and it’s not being pessimistic. Buying it means additional expenses and effort for maintaining it. So we’re not going to buy it since the woody land will be an additional land to manually maintain but with no profit, except when selling it in the future.

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