tips for buying rental property in delhi
DESCRIPTION
Buying rental property is a great way through which you can augment your asset base and at the same time enhance your income. East Delhi has become a favourite place, if you are in search for real estate purchase for the purpose of giving it on rent.TRANSCRIPT
Buying rental property is a great way through which you can augment your asset base and at
the same time enhance your income. East Delhi has become a favourite place, if you are in
search for real estate purchase for the purpose of giving it on rent. But, choosing the right
property in Mayur Vihar phase1 is a challenge in itself. In this article you can find the tips
which you must consider before making a purchase in Mayur Vihar phase1:
Location
Before making a purchase, keep in mind the fact that when you want to give 2 bedroom house
to rent, the amount of rent will directly depend upon the location in which the property is
situated. Tenants always desire for a sound neighbourhood, which is enveloped by all the basic
amenities such as hospitals, schools and markets. Therefore, make sure that your property
meets the criterion of the tenants if you want to give 2 BHK for rent in Delhi.
Issues related to the property
When you contact any of the property dealer in Mayur Vihar Phase1 make
sure you get the insights of each and every additional expense which is
associated with the property, for instance, maintenance expenses. When you are
aware about such expenses, then only you can decide about the rental price of the
property. This way you can be assure of the fact there is a positive flow of
income from the property.
Building shape and size
These days people are fascinated with the idea of living in buildings which are of
different shapes, wood sides or some different patterns. These buildings require
very low maintenance, hence provides exciting rental income to the property
owner. After certain paint coats both in the interiors as well as exteriors, they can
become an enticing2 bedroom flat to rent. Thus, with the lower maintenance,
you can earn great profit margin from the rent which the property provides.
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