Daily or for a longer period, renting apartments can serve as a good source of permanent dividends. If you have initial capital, then you can invest it in the purchase of an apartment for subsequent rental of this housing-with a smart approach to business, this can bring you up to 20-30 percent per annum.
If you live in a metro metro, then it is best to purchase a typical one – or a two -room apartment near the subway. The income that will bring apartments of this type more, since they do not require renovation, unlike elite housing.
It is recommended to purchase housing for subsequent rental in the secondary market, since new housing requires large investments due to possible repairs (you yourself understand that builders rarely rent apartments that do not require improvement). And in the secondary market there is enough housing that does not require renovation. But this type of purchase has its drawbacks: it does not give quick return and is designed to a greater extent to save the amount and receive constant income for a long time. But if you rent several apartments, you can manage them yourself: to collect rent, look at the state of the housing stock, from time to time to make cosmetic repairs in the apartment.
But if you have a sufficient amount to buy elite housing located in the prestigious area of the city, then in this case you can count on higher incomes. At the same time, the payback period of elite apartments will be, according to specialists, no more than ten years, and annual profit will be about 10-12 percent. And here is the main thing not to be mistaken – to purchase not just good housing, but the elite, given the area, number of storeys, housing area, window view and other parameters.
If you want to buy or even build housing outside the city, then this idea today is quite controversial. Why? The effectiveness of investment is lower compared to urban housing. At the same time, increasing the rent does not solve the problem, although it makes it possible to earn. However, the country house, unfortunately, has another drawback: its seasonality, it is in demand to a greater extent in the summer of the year, in the winter few dare to live in it constantly. In addition, these houses need to conduct a stationary telephone, sewage, water supply, garage, Internet communication, otherwise this house simply will not be quoted in the rental housing market, and you will give way to more competitive tenants. Experts believe that the profitability of a country house will be about 20 percent per annum.
After signing the contract of the housing, the owner gives the agency all the powers to lease. After that, the agency represents the interests of the owner of the apartment and solves all the financial problems with the tenant. The contract, as a rule, is concluded for one year with possible prolongation by the will of the owner of the housing. What will be the amount of rent, it is decided jointly after the inspection of housing. It should be borne in mind that real estate agencies take from 10 to 20 percent of the monthly amount. And if the owner arrange such conditions, then he will need to present only documents for ownership and passport.