Investing in real estate in order to hire, makes it possible to build up a heritage and ensure income at the time of retirement. Our advice
The real estate market now seems to mark the step if we believe recent indicators. Moreover, in ancient real estate, the National Federation of Real Estate (FNAIM) noted a price stability in March 2008. In fact, the prospects are not necessarily gloomy. “Without excluding localized price reductions, a brutal reversal scenario of the economic situation can, as it had been in 2007, be ruled out for 2008,” said FNAIM. No worries therefore, in the long term, stone remains a privileged placement. However, become the owner for Rent request the method to carry out a good operation.
The profitability of your placement will depend on the geographic location of the rented property. From this perspective, favor cities where rental demand is high. That is to say by choosing a dynamic region on the economic level, where the population increases. Beware of neighborhoods that have many new or under construction homes. It may be a sign of market saturation. To avoid any unpleasant surprises, analyze the context in which these constructions have been made and the forecasts of developments for the next few years. Also be demanding on the quality of the construction. Do not hesitate to make several visits to ensure that the design of the accommodation is lasting.
Proceed with an in -depth study of prices and rents. To limit the risks of a bad choice, take the time to check and compare the prices charged for the same type of property that can meet your expectations. And as since the beginning of the year, prices tend to stagnate, or even lower, negotiate down the amounts offered to you. Finally, do not bet too high when determining the rent. Be reasonable because if you are too greedy, you may have difficulty finding a taker. Again, a comparative study of the rents practiced in the neighborhood where you have hired your property is essential.
Do not spread original solutions as the purchase of a property busy or on a plan. In the latter case, you acquire new accommodation from a promoter even before the start of construction. The advantage is that you can pay your property as the work progresses.
Plan a personal contribution At least equal to 10 % of the total amount borrowed. This will decrease the credit rate and help convince your banker, your financial solidity. Know that, if the personal contribution most often comes from your personal savings, it can also correspond to a reduced cost loan such as the 1 % accommodationhousing savings loans or zero rate loan. Likewise, you can also opt for credit ultimately : your monthly payments then only correspond to the payment of interest. The capital borrowed is reimbursed in one go to the deadline.