7 golden property vilasa group
TRANSCRIPT
ONE BHK FLAT IN JAIPUR
2 BHK FLATS IN JAIPUR
3 BHK APARTMENT IN JAIPUR
1. The Area
Choose a area which has a good mix of home owners and private tenants, This will balance the demand of both group and will maintain the house prices and rental prices in an affordable range.
2. Tenant Profile
Students
Local Housing allowance
Working professionals
3. Rental Yield
In case of single let property the gross rental yield should be around 8% and minimum 12% gross rental yield for multi-let properties.
4. Potential for Capital Growth
Check the supply of properties in the area against the demand of the increasing population, If the demand is predicted to rise faster than the supply, then this will offer great potential for capital growth.
5. Exit Strategy
Think about this at the beginning, before even you start your property sourcing, Have a plan A & B for your property exit strategy so that you don't get caught out if your circumstance change.
6. Potential to Add Value
Think about which is best for your budget and strategy.
Property + Refurbishment =
Add Value
7. Discounts Achievable
Only deal with motivated sellers that have a need to sell, not just want to sell, most investors look for between 15% to 25% discount, depending on the market at the time and how the property fits the rest of criteria.
VILASA GROUP F-12-13, 6th Floor, Mahima Triniti, Swage Farm, New
Sanganer Rd, Sodala, Jaipur, Rajasthan 302019
For More Information Visit Our Website : www.vilasagroup.com
If you are looking for residential flats in Jaipur visit : Taruchaya Residency