Inverting the steps to buy can become a great opportunity to expand your assets and capital. However, although we will encounter one of the best moments due to the great demand existing in the sector, it is worth knowing all the opportunities it brings, but also its drawbacks.
Is it a good idea to know that inverting the steps for colouring is a good idea? How do you calculate the income of a rented living? Continue reading, because I respond to these and other questions so that you can make the most certain decisions regarding your real estate assets and inversions.
Inverter en pisos para quilar, is it worth it?
Buying a property to then buy it can be an excellent reversal, but before starting, you must know the market, as it will help you minimize possible risks.
So, switching to apartments to buy will always be worthwhile as long as you have patience dedication, effort and time. Also remember that, after the initial inversion and the mortgage, you must do so in front of other home gases and maintenance: IBI (Impuesto sobre Bienes Inmuebles), tax of the base, waste, repairs, cost of the community if it is a building, security of hogar and/or transportation…
Therefore, it is advisable that the rent you cover for the sake of your living is adequate so that, once you have paid for your gas and your mortgage, you get the benefits (Cash Flow) that you can start or reverse.
Ventajas de invertir en vivienda para quilar
- Recurrent entries. Swapping the steps to buy allows you to get extra monthly money that you can use to pay off your mortgage, allocate it to your jubilation, to deal with unforeseen events…
- Rapid. In general, buying is much quicker than selling. Indeed, in high-rise cities, it is only necessary to wait hours or days to give up a living.
- High efficiency and demand. We live in one of the best moments to turn our lives around and it is that if you buy a property in a city of great demand, the profitability can be high. Likewise, this is the preferred option for the population in general, since it is much more convenient to live in a rented house that you bought.
Inconveniences of inverting in alquiler planes
- Medium-sized benefits. Inverting apartments to rent does not offer instant cash, up to a medium or large area.
- Leave of tenants. It may happen that it is not advisable to give up living immediately, which requires a lack of income or even a loss of money if you continue to pay Fijos extra gas (IBI, security, mortgage…).
How do you calculate the rent on a furnished property?
Calculating the profitability of a rented living is very simple and you can know it by applying the following formula:
Rent = (Annual cost of the purchaser – Fixed gases and maintenance) / (Price of the property) x 100
For example, imagine that you own a house worth 200,000 euros and on a monthly basis it is 900 euros, so to speak, 10,800 euros a year. On the other hand, the fixed gases and maintenance are priced at 750 euros per year. How much would your income be?
10800 – 750 /200000 x 100 = 5.025%
What is the average income of a buyer?
The raw income of the buyer living in the United States increased, at the end of the year 2021, to 6.9%. Now, well, we’re talking about a figure that can vary considerably from one city to another. For example, while in Murcia and Lleida it exceeds 8%, in Palma de Mallorca or San Sebastian it is at less than 4.5%.
Reverse the steps to settle: advice and considerations to keep in mind
Analyze the market and know the norms of urban housing
Before reversing the steps to buy, analyze the market and inform and advise on the norms of urban planning. If necessary, you can contact a legal advisor.
In the same way, self forecaster. Study your financial capacity and calculate all the gases in what will incur, from the initial inversion to the mortgage and the fixed gases and recurrent maintenance.
Reverse in the appropriate vehicle
If you decide to buy a living and then give it up, it is important that you keep in mind these two factors:
- State of the house. Decantate for a property that requires minimal reform. This way reduces the associated gases.
- Location of the property. Find a living in a popular area, where you will find the services you are looking for, who will help you to make your rent. So, before signing the purchase, consider different options to do what interests you most.
Set the price of the correct price
Establish a suitable rent according to different parameters, such as the gas prices that you will tend to pay, the neighbourhood where you live and the prices of similar apartments, the profile of your possible tenants…
For this reason, you have the option of carrying out a study for yourself or, if you prefer, counting on the help of a real estate advisor.
I hope that this post about reversing the steps to buy you is useful and, if you are encouraged to put it on the market, no guys can follow by reading the blog for more advice on real estate.