How to buy and sell houses in BitLife

You’re the proud home owner now.

Image via Candywriter

Purchasing property inĀ BitLifeĀ costs quite a bit of money. It’s not an easy task, but it does help to have a full-time job, but for those who don’t, you will need to start saving up early if you want to buy a house without the luxury of a full-time gig supporting you. You can own multiple property pieces, so if you buy one early on, you can choose to sell it after a certain amount of years, which should net you quite a bit of money. If you take care of the house, you can usually make more money from selling it than when you initially bought it.

You to be at least 18 years old to purchase a home. You have to wait for that to happen before you can start looking at any pieces of property available on the market. An excellent way to prepare for purchasing a house early is to start doing part-time jobs while in high school and freelance gigs. Of the available freelance gigs, tutoring usually has the highest acceptance rate, with the best price. You can do it at $15 an hour, generally making $400 to $500, over and over again. You want to be doing freelance gigs as much as possible continually and have a part-time job.

When you become 18 years old, if you have enough money, you should have the option to apply for a loan to purchase a house or to pay it in cash. For those who constantly spammed the tutoring option while doing a freelance gig, most of you probably won’t be able to pay for the house with straight cash, and you need to apply for a loan. You want to apply for a loan keeping the monthly expenses of the house and the mortgage in mind when you accept it.

You want to choose a home with a high condition. The higher the condition stat, the better chances you have of not having to maintain it too much and waste even more money along the way. However, if you want to go down a cheaper route, you can choose the purchase lower quality homes at a better price, but you can expect to deal with several problems and try to fix those using money and time. That’s when you want to renovate it.

A great way to increase the value of the house is to renovate it. When you attempt to renovate the home, you can increase the value, but you usually do it at a direct cost of your current income. The more money you put into it, the more you can increase the home’s current value. For those who buy a low condition home, this is a great way to get your money back.

After a few years of sitting on the house, you should see how much it is worth on the market to sell it. You won’t always be able to sell it, though. Some years people are buying houses left and right, and other times you won’t be able to do it. You want to keep in mind how much you paid for it and how much you will make off it. Usually, it’s a good investment to sell it after it gains about $100 thousand more than when you first had it.