Which is better for investment? To upgrade a house/property or to have multiple?

Interesting. I guess it would depend on the market and how much time and effort you are willing to spend maintaining properties. Obviously you can make money upgrading a current home in order to sell but I think having several rental properties is probably going to make more money in the long run. Buying a property, upgrading then selling can net a good profit if all the factors are good. This could be anything from neighborhood and what the houses around are like to how much it would cost to upgrade a property. Then you have to think about taxes. I know a few people who own properties for rent and have a good relationship with their renters. They make a good income from these. I know others who buy foreclosed properties and upgrade them to sell at a good profit. Me I would rather have a constant rental income.

I think to multiple the house depend on th money, If we have a little money, upgrade could be better

A better investment? What are you planning on doing with the other properties if you just keep buying new ones? Rent them?? Resell them? I know a lot of people who buy property and then put a little into the property and then resell it for a large gain- If you can do this- I’d say this is the way to go- I think there is a lot of information on this online. Check it out.

It depends on your financial circumstances and your time. Do you want to live in your house, fix it up, and then sell it and move to a better house, so on down the ladder? Then you will have to have a bit of money for the times when you are laid off of work or when there are strikes or if you have a business of your own, less customers. If you buy properties, you are buying apartments and well as houses for rent. You not only need a lot of money, but time to collect the rents, to get someone to do it for you, to pay him, as well as hiring the contractors and people who fill fix the plumbings, tend the grounds etc. I would say upgrade your property comes first.

Since you have a family, it would probably be better to invest in other properties. To upgrade and sell the current property means you would be moving a lot, which can be hard on families. Your children would have to make new friends, maybe go to a new school, etc. Rental properties can make money for you if you are careful about your renters. If you get bad people they can ruin a property and reduce your profits. You might consider business property for rental. They don't deteriorate quite as badly as residential property. Good luck.