Buying Occupied Accommodation: Advantages Of A Rented Property

Buying an occupied property, that is to say acquiring a dwelling occupied by a tenant during the lease, can present for an individual, a judicious investment. Discover the features of buying an occupied home and our advice for making this type of real estate investment a success.

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Three strategies can be at the origin of such an acquisition:

  1. The buyer wishes to secure additional income.
  2. The buyer aims to live in the main residence in the longer or shorter term. This is particularly the case for expatriates who invest in stone in their country of origin, without having an urgent need to occupy the accommodation and who wait a few years before moving in.
  3. The buyer wishes to eventually house his children in the property.

These three situations which explain the desire to buy an occupied property should not make us forget that the practice certainly has bigger advantages.

Buying occupied property offers an attractive discount

Buying rented properties in Delhi costs less to purchase than an empty asset. The discount can be significant. The figures are not unanimous but the result is there: a price quite below the market, which can be sufficiently tempting during a period when prices are rather high.

Investing in rented accommodation allows you to know your tenant in advance

Another major advantage of “occupied sales” is that you do not need to look for a tenant in the event of a rental investment and thus be assured of not having to face a rental vacancy.

Indeed, during the signature at the notary, at the same time as the acquisition of the property, the lease transfer takes place and you become not only the new owner of the property, but also the new lessor of the tenant.

To notify the tenant of this change, you will need to write an addendum to the lease. A good opportunity to communicate your contact details or those of your representative with a view to paying future rents.

The assurance of not being faced with a rental vacancy is doubly interesting for the investor. On the one hand, he receives a rent without interruption and on the other hand, by this means, he reassures his bank, fond of this kind of investment because it involves a more limited risk.

Thanks to the rental income from the rented property, your mortgage is reimbursed

The acquisition of rented properties in Noida can be done by borrowing via a mortgage and you can count on the rents collected to repay all or part of your monthly payments. The operation can indeed be painless for you insofar as the rental income can cover all the monthly payments of your loan.

Be careful, however, an owner may wish to resell an occupied property because his tenant is a bad payer and he has trouble repaying his loan, not being able to count on the rent for that. So always ask so as not to find yourself in the same situation, the history of sales receipts.

We also remind you that you must take into account the tax on your rental income. The total amount collected cannot therefore be used to repay your credit. Remember to deduct the share that will go to the tax authorities.

Spaces Of An Apartment Most Liked By The Tenants

If you have an apartment or a house to rent, you know that you have a guaranteed income for life but you also know that you have an obligation. One that begins with the way you offer it to those interested in their income. And it is that whoever is looking for a house to rent is looking for a house in the full extension of the word, a home to move into. And offering it requires a whole staging.

What spaces should you highlight when showing an apartment for rent?

The first recommendation in this regard is that you get yourself a good photographer. Someone who knows how to highlight the way in which natural light fills the spaces in your apartment, who knows how to highlight the materials of its finish and, of course, who knows how to hide the small flaws it may have.

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The spaces that are most sought after by people who want to get an idea of ​​an apartment for rent are the traditional coexistence spaces: the living room and the bedrooms. Followed, very closely, by the most problematic spaces: the bathrooms.

Why these spaces? People who come to live in rented properties in Delhi want to convince themselves, before any other detail, of its habitability and the standard of living it offers. First the pleasure, the living spaces, and then the health ones, the bathrooms.

How to favor the key spaces of an apartment for rent?

Decorate. Do not use old furniture, but if you have a bed or a sofa that allows newcomers to get an idea of ​​what the house will look like once inhabited: warm and functional.

Repair. Not a leak, not a mold stain, not a nasty smell. Especially in the case of bathrooms: a small outlay on the plumber can earn you a loyal tenant.

Hire. Go to a real estate agency. Let an expert show your house. They know their business and with their speeches they will make your home look a hundred times more appealing.

Choose the time of the visit. At noon, when the light is pouring into the rooms, it is the best time for your house to offer its best face.

If the cabinets in your rental house are unsightly or the doors, when opened, do nothing but get in the way and crash into the bed, do not hesitate to remove them and put, in their place, some simple curtains.

This solution is economical, comfortable and helps to maximize the meters of the rented property in Delhi. Or if you want to spend a bit more: change handles and paint their fronts.

Either because they are many years old or because they have a tone or moldings that do not go with your style, the interior doors of a rental house can be another of its weaknesses.

Decorate them with a textile or detail, even with a vinyl that can later be removed. Another possibility is to try to give them a different touch with new knobs or handles.

Advantages Of Renting A Home Over Buying

Buying a home is the most important financial decision a family makes, answering the question with confidence is a bit difficult. Six out of ten still think that renting a house is not profitable in the long term; In other words, renting is thought to be a waste of money.

Wondering if you should rent or buy? Knowing all the costs that are included in renting or buying a home will help you make the right decision for you.

The advantages of renting over buying a home are undeniable. In this post we analyze the main advantages of renting. It is an undoubted fact that the mentality of people is that of owning the home where you will live.

So is it better to buy? If the price of rents has skyrocketed, the price of owned housing has not lagged behind. The decision to rent or buy a house has a great impact on your financial freedom and the management of your personal finances.

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Living in rented properties in Delhi has many positive aspects, not only financial but also in terms of your lifestyle and possibilities for growth.You are not tied by the mortgage to a specific house, you can change whenever you want.

This means that you can live wherever you want, in any area of ​​the city and even in any country in the world and that you can move your residence as many times as you want. When buying a home you are tying yourself to a locality and a type of home and changing will not be easy, in addition to costing you money in paying taxes.

To determine if buying or going for a rented property in Noida is the best option, it is necessary to assess the economic circumstances and make an analysis of what the real estate market offers at the moment, knowing the advantages or disadvantages of each option.

What offers more advantages?

The advantages of renting are:

  • No down payment or down payment is required to rent a home.
  • If you do not like to settle in a place or have a job that requires you to change cities constantly, it is preferable to rent.
  • In most cases, you are not responsible for repairs.
  • It does not require so many procedures to acquire a place to live.
  • You do not risk losing the investment in the event of a real estate crisis or that you do not have the amount to pay a mortgage.
  • You can access areas where you could not buy.

The advantages of buying are:

  • You have a property that represents your own place, a family legacy and that generates a feeling of well-being.
  • The freedom to renovate or reform according to your taste.
  • Housing prices are revalued in the long term, so the purchase of a property is an investment.
  • Having a home makes you feel secure and independent.

The economic convenience of being a landlord or tenant is tied to the life goals of each person, so it is difficult to generalize what would be more convenient.

What is evident is that the decision goes far beyond a simple financial analysis, because there is no adequate answer since it must be weighed which is more important for each individual, whether the emotional or economic benefits.

How To Successfully Negotiate Office Rental Conditions?

When you decide to rent an office , you enter into a tenant agreement with the landlord through a rental agreement. This contract includes various provisions, such as rent, the number of square meters of office, a free rental period and other special regulations. Negotiations can always be done on these provisions!

  1. Measure office space before renting

After you have calculated the amount of office space you need, you have found a space that meets this requirement based on (AN), (AT) or (AA). Net area (AM), work area (AT), or leasable area (AA) are just difficult real estate terms that can make it difficult and confusing for you as a tenant. Because, how many square meters of offices are you going to rent now? According to real estate agents in India, the standard for the Measurement of Office Spacesis:

(AN) | The Net Area is the space delimited by a Border Line except the area occupied by all the constructive elements that delimit it or are structural.

(AT) | It is the area of ​​the Net Area on which you can walk or have horizontal support furniture, or elements that belong to a tenant.

(AA) | The Leasable Area will be the area within the outer perimeter of the building’s enclosure, measured at the height of the finished floor, less the area of ​​vertical voids or voids intended for the circulation of elevators or distribution of Facilities.

  1. What is the duration of the lease?

In the past, the minimum duration of a lease was 5 years, the trend now is to rent flexibly. You can make a lot of profit as a tenant at this point in the lease and the length of time. Renting an IT office space in Delhi for a workplace can be for periods of one month. For a larger office, a 1-year period is quite normal.

  1. Take advantage of the freedom of rent negotiation

Many thinks that the established rental price is fixed, but nothing is less certain. The rental price can always be negotiated when the rental conditions are established. Especially when you are going for rented property in Gurgaon, be stronger in the rental negotiations. Take advantage of this opportunity! But savings can go up considerably with smaller office buildings too, so always try to negotiate the right rental price. Often there is room for the owner to decrease. Take advantage of this freedom of negotiation!

  1. Have you chosen for an all-inclusive rental price or are the service costs not included?

In many office concepts there is an all-inclusive rental. But service costs are not always included in the rental price of rented property in Noida. In addition to the basic rent, an amount per m2 per year is charged, among other things, for the use of gas / water / electricity.Therefore, pay attention to the level of service costs. Do the calculation in advance so that they are not a surprise on the final invoice.

  1. Choose the largest rental discount possible

An important point of negotiation is to get a discount on the office rent. During negotiations, try to get a discount on rented properties in Noida.
The free rental period does not always occur in practice, certainly not when there is a flexible lease term. For this reason, options such as a rent discount or progressive rent are also used. An office rental discount means that you rent the first or first months with a certain percentage discount. Progressive rent means that the rental price is increased multiple times by a specified number of times.

Start by negotiating the office rental conditions

5 Practical Tips To Rent Safely In Summer With Real Estate Agents

Dive into the beauty of historical monuments, breathe the fresh air or discover new culture; in summer, working people want to disconnect, live new experiences and forget the worries of the year. Enjoy the destination with ease, without having to think about anything else. It is increasingly common to choose private apartments or houses to rent on your days off, since they are often cheaper, and also offer more space and privacy.

Unfortunately, not everything is rosy when yougo for rented property in Delhi. Sometimes problems arise, capable of making your summer bitter. That is why, here are five practical tips when you choose rented property in Gurgaon. Let’s go there!real estate agents in India

  1. Contact the landlord personally or hire property dealers in Delhi

When renting a home, you should not be left with any doubts. Contact the landlord directly, either by phone or by call. It is essential to know who is the real owner of the house. It should not be forgotten that many tourist accommodations are illegally re-rented.Another convenient option is to contact property dealers in Delhi, they will provide you perfect location for your holidays without any stress of illegal re-renting.

  1. Verify that the location of the rented property is real

The location of the house is something that one usually takes into account while travelling, especially to modern cities. To avoid disappointment upon arrival, check beforehand that the location of the house you have booked corresponds to reality. Or, you can hire real estate agents in Noida, to get rented property in Noida in a hassle-free manner. These agents are genuine, as they provide legal agreement before offering any apartment for sale in Gurgaon or Noida to the tourists.

  1. Be very careful with expenses not included

Expenses not included may mean another added headache. So, it is important that you do not pay the entire amount of the rent until you are in the accommodation, as it may be different from what you expected. In addition, at the time of contracting it must be clear that the price includes all expenses. If not, you should ask the landlord to clearly specify what that amount corresponds to.Seek guidance from real estate agents in Gurgaon before signing any legal document of the rented property in Delhi.

  1. Photograph all the rooms in the house

As soon as you arrive at the accommodation, photograph in detail all the rooms in the house to record the state of the rented properties in Noida. In this way you will not have problems with damage. If you can, send them to the landlord from your mobile phone at the same time to have clear proof of when you took the photos.

  1. Find out about your rights and obligations as a guest

Before traveling, it is important to know about your rights and obligations as a guest. You can do it through a consumer association or your lawyer, in order to be clear about the clauses of the contract and detect if any abuse occurs.

How To Make The Best Choices When It Comes To Student Rentals?

After high school, the most common and certainly valid choice for a student is to continue his studies by enrolling in the University that best introduces him to the world of work.

Very often the choice falls on a university far from home, as the most important, renowned and interesting universities are located in large urban centres. For a provincial boy, now is the time to leave home and start living with other peers in a new apartment near the university.

But it is clear that the main difficulty is finding an apartment that can best meet both its space requirements and financial resources. In any case, the important thing is to make informed decisions based on the information collected.

Knowing the rights and duties of the student who has to live away from home for several months is important for making informed decisions. When it comes to living in a new home, it is good to know all the costs to be incurred, all the advantages and qualities of the chosen apartment, all the clauses provided for in the contract.

In this way, there will be no surprises for both the tenant and the parents, in case they have to bear the child’s housing costs.

By relying on specialized agencies for rented property in Noida, you can be sure of complete and punctual service in selecting the apartments that best suit your specific needs.

By renting a house to students, you can ask for a higher rent

In principle, the prices for renting an apartment to families do not go beyond a certain level: whether it is the average income in free fall for years or other factors, the fact is that an average family cannot afford to pay a rental fee above a certain level.

If you rent a house to students, you can choose to lease each room at prices that oscillate around half the rent that a family is able to pay. So your apartment makes double. Or even triple, if you have an apartment with many rooms.

Lease contracts for students have a shorter duration

The minimum duration of a student lease is only 6 months, while the maximum duration is 36 months. This means that:

  • You can choose to enter into the contract for short periods
  • If you suddenly need your apartment, you won’t have to wait too long to use it

Furthermore, university students move house much more often than other tenants, so if you cannot establish a relationship of trust with one of your tenants, or even if the tenant is not punctual in payments, finding a new tenant does not pose particular problems.

Students are tenants with a very low risk of late payment

This is an obvious fact: generally, the rent for a rented property in Gurgaon to students is paid by the parents. So students present a very minimal risk of default. In fact, anyone who is unable to keep a student in another city simply does not get involved in a lease that he knows he cannot pay.

Why Buy A Bare Property And How It Works?

The bare ownership is a very interesting sale mode. There can be many, in fact, buyers who want a first home or a property to be exploited later.

Most of the bare-rented property in Gurgaon sales are carried out to find liquidity and therefore to ensure a certain standard of living, or to meet the needs related to the passing of the years or to support children in purchasing the house.

But what exactly is bare ownership? What are the advantages for the seller and the buyer? We will try to answer these questions in this article.

What is bare ownership?

When we speak of “bare ownership” we refer to a particular way in which the owner of the property, usually an elderly person and without heirs, decides to sell his house with the condition of being able to live there until his death.

Selling the bare home property, therefore, allows the owners to have the liquidity deriving from the sale of the property while continuing to live in the apartment for the rest of their life; those who want to invest in the “brick” can, for their part, buy properties at prices lower than the market ones in relation to the age of the seller.

In fact, the sale price of a bare property is very advantageous for the buyer who, in turn, will come into possession of the property on an indefinite date.

Advantages for the seller

It is easy to guess that the seller can only gain advantages from bare ownership. In fact, he will continue to live in the home and will be able to enjoy the right of usufruct for life, immediately having the liquidity deriving from the sale of his home.

Advantages for the buyer

Even the buyer can enjoy significant benefits from purchasing bare home ownership. In fact, it will be able to buy the property at a much lower purchase price than a new or building to be built: the discount can go up to 50% compared to the market price.

Tips for buying a home in bare ownership

If you have decided to buy a home in bare ownership, there are some aspects that you will need to keep in mind.

First, the evaluation of the property: it is important to rely on professionals in order to obtain a correct evaluation of the sale price of the house.

Another aspect to be evaluated well is the age of the seller: the value of a rented property in Noida in bare ownership changes according to the life expectancy of the seller, as well as the future usufructuary, since the duration of the contract statistically depends on it.

Therefore, the value of a bare ownership property varies according to the age of the seller. If the seller belongs to the age group 45-50 years, the percentage discount with respect to the market value will be approximately 75%, while if the seller falls within the last age groups the discount for the buyer is reduced between 25% and 10% if the owner is over 80 years old.

Storage for rent in Delhi

Nowadays, everyone may need a warehouse. In some cases, for people who want to temporarily store their belongings, sector studies on this issue are a real opportunity. As a result of the necessity and work done for the change of work or interruption of work, the storage of office goods or some materials in the workplace in a certain warehouse is indeed an important requirement. Our company has a tremendous performance, and together with its infrastructure, it truly represents the potential to meet your needs. The most important thing is that we have a good opportunity for you to really choose us to take a warehouse for rent in Delhi.

For people who do not want to spend time with their belongings and do not want to use force, our company is like a cut-out. In addition to our expert staff and high-quality vehicles, the wide range of opportunities we have provided in the field brings our company to a privileged place. For whatever reason, instead of throwing or selling your belongings, you can treat them with an affordable warehouse. Items that you will receive safely when you need them can give you a real financial opportunity.

Goods are a part of life and always have a very important place in the necessity of people. The options that make life easier and make life liveable continue to help people with their electric models and sometimes with electronic models. Recently, reliable warehouse work has been carried out to protect your needs. You can store your belongings, which seem to be redundant and cannot find space, with reliable storage for a very long time.

The method of storing rental goods prepared for you in this regard will again contribute to you at the point of satisfaction. With the opportunity and advantages, you have the opportunity to evaluate all kinds of goods together with this warehouse service. The infrastructure is very bright and with the useful structure of the warehouses that are in the foreground, are offered as a service to customers for rent. To take advantage of this opportunity, you should take advantage of the right address.

Storage Options for Rent

Options, opportunities, and innovation advantages continue to give you a lot to rent. At the point of qualified and high-quality service under the most reasonable conditions, the expectations of our valued customers have really gained great importance here. Attractive advantageous options of rented property in Noida, together with the storage technology of the goods, provide support for the goods to benefit from the spaces in a safer way.

There are many important and attractive works prepared here for storage and alternatives to rental goods. In the first place, you will be able to see the attractive side of the product and service options that are reflected you for customer satisfaction.

Rental Storage Options and Prices

In order to take advantage of the very attractive and advantageous opportunities, it is enough to review and properly evaluate the rental storage options you encounter. The options that provide advantages for many customers will continue to offer you new opportunities, especially in these and similar issues.

The Role of Empathy in Real Estate Brokerage

It will have happened to you, as part of your profession as a real estate agent, to come across a particularly hostile person. This leads to a series of consequences. Not least, it can have an impact on the relationship with customers. How can a conflict be prevented in these circumstances?

In the field of real estate brokerage, developing a good understanding and communication skills can really make a difference.

The core business of the real estate agents in Delhi is built on human relationships, between colleagues or with customers. Social capital is the basis of commercial activity, and it all starts with interpersonal relationships.

From the first appointment, a dialogue is established, a contact with another person who has specific needs and methods, often different from ours. But entering immediately into empathy with those we face, this can facilitate the relationship and be decisive in the success of a negotiation or a collaboration.

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What does it imply, in practice, to be empathetic?

We can summarize the concept of empathy in the following points:

  • Listen and understand the needs and needs of the person;
  • Communicate effectively and without bullying the other;
  • Be open to finding solutions that can be satisfying for everyone.

Referring to the real estate reality, the human relationship is necessarily involved. This includes both the relationship between colleagues and between agents and customers.

Listening and understanding imply knowing how to prepare yourself for collaboration with those who are in front of you, excluding any emotional and personal attitude (sympathy, antipathy) and avoiding hiding behind your needs, points of view or moral judgments. This is enough, at times, to prevent misunderstandings that could lead to conflicts.

  • Communication plays an essential role: using a language understandable to your interlocutor allows you to connect.
  • Flexibility and adaptation are the key to opening a constructive relationship.
  • In the commercial, empathy is the ingredient that cannot miss such a good seller because you can build a beneficial relationship for all parties involved.

The advantages of being empathic

All these factors contribute to creating productive and lasting relationships and help prevent conflict situations. The positive aspects can be found in different areas.

One example is the fact that many customers prefer to buy products or services from companies that they perceive as ’empathetic’ through marketing actions aimed at emphasizing attention to consumer needs.

Is there still reason to consider hiring a real estate agent in 2019?

Now, what can a real estate agents in Noida do that you could not do yourself in 2019? The broker still has several strings to his bow and can be an indispensable ally. The problem is that there are still too many ostrich brokers who do not want to adapt to the information age. We are in a period of transition, society has never evolved so quickly, and sometimes it can be hard to follow.

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The real problem is that some brokers continue to live in the past! Most industries are currently facing this reality. Technology changes everything! We understand that it’s very hard to change when you have been working the same way for 30 years.

In conclusion, training in being empathetic improves relationships and increases productivity.

This Is What You Should Know Before Renting A Commercial Space

Unless you dedicate yourself to your business from the garage of your house in the style of Steve Jobs, you will need a commercial space for your business. That shop will tell you a lot about you and the company, it is one of the first letters of introduction, and there are several aspects that you should consider before proceeding with the Rental of office space in Nehru Place.

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Tips for renting a commercial space

Can I put my business here?

Make sure the activity you want is allowed in the area of your city where you are going to locate it.

The place where a property is located is fundamental and can become a reason for its success or failure. It is necessary to value aspects as if it is a sunny street or its geographical orientation. Analyze pedestrian and road traffic, location of traffic lights, vehicle flow, and similar variables. It is vital to analyze the environment or type of businesses around, types of existing brands, accessibility, neighbors (offices or homes), public transport, etc.

Do you have a municipal license?

It is necessary to value the fact that the establishment has or not with a license of opening and municipal activity. Always keep in mind their adaptation to the requirements for the type of business to be developed and find out these necessities before starting the search.

What will be the future performance?

It is essential to study the expectations of rental office space in Connaught place, depending on whether the investment is of short or long term. The prime and commercial axes are those that offer the highest performance today.

Access steps:

You should check if you have any steps in the entrance because if you have it, you will need to be able to save it with a ramp. In some situations, it is not easy to do it, since it may be necessary to invade the sidewalk or if the step is high, it may be necessary to lose a lot of local areas to meet the required slopes.

Width of the interior access and passage doors:

If you do not intend to change the access door to the premises, you should check that it is wide enough to allow access for people with disabilities. Different circumstances determine the width you need but check that it is at least 80 centimeters wide. In some cases, it will have to be bigger, but that’s what the technician will tell you.

Office Space in Saket

Height of the premises:

Some premises in old buildings may have height problems. The municipalities require minimum heights in the premises to be able to authorize their use for business, so if the place they offer has low ceilings, check the minimum of your area before launching to confirm the rent.

Electrical installation:

Relying on the type of business you want to install, it may be necessary to adapt the electrical wiring.

Evacuation distance:

You may need rented property in Noida that is large, with many square meters to develop your activity, but the local form factor can condition you to have to make significant investments to comply with fire regulations. To summarize and not get bored with normative technicalities, that’s what the technicians are for; you should check if the location is deeper than 25 meters to the entrance door.