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All About Property Buying - Selling And Renting

Nov 7th 2015 at 2:04 AM

The first thing people do once they purchase a property is to rent it. Renting a property is cheaper than buying a property. Numerous real estate consultants have sprung up that provide the best consultancy services to their clients regarding the property buying and renting.

Obviously they do charge a minimal amount from their clients in liu of the services they offer. Apart from the grooming real estate consultants real estate builders have also started coming up with new residential projects. For eg: Samridhi Luxuriya Avenue has comeup with its new residential projects in Delhi NCR region.

Best Ways To Make Money Through Property Renting

Nowadays people make money through property renting which is one of the best ways to generate income. The first thing they do is rent the property instead of directly moving in it.The following are the best ways a person can maximise profit through property renting.

House Renting: First decide and fix the rates of the house. One can advertise about the rented property through newspapers and get the right tenants for the property. Make sure the tenants are trusthworthy who can easily pay the rent on time.

Sharing: In case, a person is not willing to rent the entire property they can also offer the sharing option. In the sharing option, the landlord can rent some rooms to the tenant while itself residing in the house. This type of renting is usually done by the ones owing big house.

Bed And Breakfast Accomodation: This is the most popular way of earning. The working people don't have time to prepare their own breakfast. These working professionals search for rented property where they can get breakfast and lunch. The landlords who share their property also provide lunch and breakfast facility included in the rent.

 

Essential Tips Before Buying A Property

Several property buyers have comeup with new housing projects with amazing range of facilites. For eg: Samridhi luxuriya avenue has comeup with a new residential property in sector 150 Noida. One should cautiously plan and make decisions before actually investing in a property. One should keep the following things in mind before investing in a property.

Is The Property Earthquake Resistant? A natural disaster like earthquake can destroy your entire house and income. Before purchasing a property the investor should make it a point to find out the kind of material used in building the property and yes, ofcourse it should be earthquake resistant.

Size Of The Rooms: Are the rooms big enough? Can all the family members stay comfortably? Before buying a house the buyer should check out the size of the rooms.

Trust: The builder or owner of the house should be a trusted person. The leagl formalities regarding the important house documents and papers should be done in advance to avoid indulging in any illegal cases.

Facilities: The facilities the builder is offering should be worth the price paid for the property.

THE NEXT TIME YOU PLAN TO PURCHASE YOUR DREAM PROPERTY, YOU SHOULD TAKE SOME TIME TO DO THE RESEARCH AND THEN MAKE THE CHOICE.

 

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