Renting, the New Word for Return on Investment

A regular monthly income or chances of a bigger investment, what will you prefer? Well, common sense directs us towards a regular monthly income that promises a secured future. This is possible if you have a rental property in your name. It takes years for a person to buy a house then how can he plan another property investment? It is tough but possible. 

First of all one should be futuristic in his or her approach. If investment is on cards then one should constantly endeavor to cut down expenses and increase income. It is advised that one fourth of your earning should be kept aside for investment purposes. Also a recurring scheme or savings plan with any of the nationalized or private banks is equally beneficial. If you are unable to save a good share of your earnings for investment due to your other priorities then don’t be disheartened, there is always a better way. For example if you have a life insurance cover then you can take a loan against it and invest the money in buying rental property. Even if you take loan for buying property for rental purposes, later you can pay the rent collected from the tenant as monthly installments to the bank for few years. Similarly there are many ways to save for investment without disturbing your present financial planning. 

When you are stable on the financial front then the next thing to decide is the location. The real estate prices are rising day by day. Every place promises best of return on investment but still we often get misguided. Sometimes being judgmental also affects your decision and leaves you in a state of dilemma. Time and again we have mentioned about the sub-urban areas and their growing demand in the country. Among them Gurgaon tops the chart. It will not be wrong if we call it the goldmine of the real estate industry at present. The hub of information technology firms, favorite excursion spot of the generation next and luxurious living are some words which aptly define the place. Renting a flat in Gurgaon brings best returns on property investment. A property on rent in Gurgaon is in trend. There are many rental properties in Gurgaon. Therefore, we advise you purchase property in Gurgaon. You will get both residential property and commercial property. Don’t confuse between any because it is a win-win deal. 

Once you are firm and determined about the above said points, we believe that no one can stop you from earning revenues. Other factors that you need to consider are legal formalities, price negotiation, finding the right tenant and many other such tasks. Also don’t forget to take an expert advice and consultation. Remember that property investment is an investment with value addition and rental property is return on investment on a monthly basis. 

Coming back to our question from where we started the discussion, “A regular monthly income or chances of a bigger investment?” After analysis and understanding of the above said points we are sure that you must have got the answer. A regular monthly income is definitely a safe and sound option. It guarantees financial security and fruitful returns. And for generating a one such source of income we must think about investing in a rental property. Undoubtedly, renting is the new word for return on investment.

Source:http://www.amazines.com/article_detail.cfm/5848591?articleid=5848591

Articles on property on rent finding the perfect rental property

Are you looking for better accommodation, not for yourself but for renting purposes?

Finding the perfect rental property is a herculean task especially when you are looking it as an investment option. It is daunting for first time investors and therefore one should be extremely cautious while taking a property investment decision. One step wrong and there goes your dreams obliterated. The idea is not to scare you but to help you search the best one.

Where? How? What?When?

Where is a big question that comes to your mind first when your give property investment a thought. Well, talking about the major cities in India we find Gurgaon as one of the suitable destinations. Gurgaon needs no introduction when we talk about development of residential or commercial projects. The other way of saying the same can be that rapid commercial development has influenced growth of residential projects in Gurgaon. A majority of real estate investors have set Gurgaon as their first preference when it comes to investment in real estate. It definitely is one of the most desirable places. There are constructions of all types happening in Gurgaon. Years back the area was famous for farm houses. It is still one of the favoured spot but now residential and commercial properties are in high demand. You will find a lot of properties on rent in Gurgaon. So the question of WHERE to find the right property ends here.

How comes next? Though the most preferred technique is to go for a real estate expert but we suggest you to search for a rental property on your own. Explore the potential area and learn about the pros and cons of the area on your own. Having an agent can bring unnecessary pressure to buy before you have found a property that suits you. The most important thing is to have an unbiased approach to the rental properties within your investing range. Of course after you are done with your homework you can go and seek advice of the expert too. There is no harm in seeking a second opinion. So we guess “how” will not bother you anymore. 

What? Couple of things to keep in mind while planning to go for a rental property. The first one is the Neighbourhood. A good neighbourhood will only add to the value of your property and you will easily get tenants for it. Second point is safety. Even if you get the best rates to invest in , you must check the security measures there. A safe house is better that a lavish one. Amenities are the next most sought after things when one plans to choose an accommodation. Nearby recreational areas, malls, food courts, cafeterias and hospitals and all the other perks attract tenants. Besides these back up facility, resident welfare associations and other such needs can also be given a thought. 

Now when to buy a property that can be put on rent? 

Our answer to the question is that when you feel that you are financially secure then. If you talk about Gurgaon, the past trends reflect that this place is a goldmine. So buying a flat for renting purposes in Gurgaon is anytime profitable. The demand supply graph in terms of Properties on rent in Gurgaon is always linear and on rise. Don’t forget to check out do a market research before you plan the deal. The real picture is always better. 

So whenever you plan to invest in a rental property you must ask yourselves the questions above and do footwork and research before closing the deal. It is not just about buying a rental property but it is about investment in the right direction to have maximum annual returns. We suggest you to choose the rental property with a thought that you will reside in it and believe us you will never go wrong. 

Author Resource:

Writer is a professional writer, presently writing for the Rent a property in Gurgaon, Rent a flat in Gurgaon, Rental properties in Gurgaon, Properties on rent in Gurgaon. 

Source:http://www.amazines.com/article_detail.cfm/5791100?articleid=5791100