Investing in new real estate is always an interesting idea, especially over the long term. But in reality, managing the rental of your property on a daily basis can be time-consuming … Why not switch to rental management by professionals?
Invest in new real estate to rent it
Investing in new real estate that you will then rent allows you not only to put your money in a concrete investment, but also to bring you new sources of income. But if new real estate is so advantageous is because it also saves you money. The materials are new and comply with the latest standards, no work required, energy performance will save you money, notary fees are reduced, and above all you can benefit from significant tax advantages, like those put in place with the legal device. As a reminder, investing in new housing via the law commits you to rent your property for 6, 9 or 12 years, which will allow you to benefit from up to 21% tax reduction. You can know all about real estate write a guest posts about the same now.
Please note, renting a new property requires several steps
When buying a new home for the purpose of renting it, several elements must be taken into account because renting is not to be taken lightly! To rent your property, you will have to:
- Determine the rent.
- Create a comprehensive and attractive rental ad.
- Organize and plan visits to your property with potential tenants.
- Select the folder or folders that interest you.
- Write a proper lease contract.
- Manage the inventory of fixtures.
- Collect rents and send receipts to your tenants.
Manage the relationship with your tenant and make yourself available to him if necessary, but also manage alone any disputes with him (unpaid rents, degradations).
Proceed with the exit inventory, when changing the tenant.
Good To Know
In addition to helping you find and manage tenants, a management agency can help you declare your rental income, which will help you avoid making mistakes when you file your tax return. .
Going through a professional for rental management has its advantages
All these steps, listed above, will be absorbed if you choose to delegate the management of the rental of your new property to the agency of your choice. This saves you considerable time and energy, in particular because, apart from if you are not in activity or you are retired, you will have to manage all of this on your free time. But, in addition to allowing you to take advantage of your moments of rest, delegating the rental management of your property, it also guarantees you a certain peace of mind. By using a management agency, you sign an insurance, the “guarantee of unpaid rents”, which will finance the recovery of debt, in the unfortunate case where you come across a tenant who pays badly. In addition, you are sure that the rental of your property is ensured by professionals in the field who will make sure to find you the best possible tenant, draw up a legally exact lease contract, fix a fair rent in which you and your tenant you will find.