Passive Income: MP2 vs Rental Apartment
I need advice from people who have experience in real estate or MP2 investments.
I currently have around 2M saved in MP2. My original plan was to withdraw it and build a small apartment for rental income. But because of the ongoing war and global issues, construction material prices have gone up a lot. Labor and permit costs also seem higher now.
Now I’m stuck deciding if building an apartment still makes financial sense, or if I should leave the money in MP2 for the stability and guaranteed returns.
For those who built apartments recently:
• Was the ROI still worth it despite higher costs?
• How long did it take before you started earning profit?
• Did the increase in material prices affect your plans badly?
• If you had 2M today, would you still build or stay with MP2?
I’m looking for practical advice and real experiences before making a big decision.