Thursday, 14 December 2017

RENTAL HOMES SECRET YOU MUST KNOW

Written by Posted On Wednesday, 06 December 2017 14:28
Living happily is our concern for you Living happily is our concern for you Propertypoa

you are searching for a home to buy or rentals? There are certain facts that you need to know and know real estate agency can tell you. The good thing is Propertypoa,a real estate and property management firm is changing all this. These secrets are key to the manner you want to invest either in selling,buying or leasing.

Here are some of the major buying/selling/leasing secrets you need to know:

1.Neighborhood

the nature of the neighborhood in which you desire to rent a home/business premises is important,it influences the quality of clients you get,vacancy rate,and for those owning property what type and class of tenants you attract. Location plays a vital role in your success in acquiring the right property,leasing or get a suitable rented property.

2.RENTS

Rental income is the life of rental property,the location you choose,you must know the standard rent acceptable. Potential clients are easily driven away by hostile rental rates,if the rent in a given area doesn't suite your needs you need to search more. If the area has a high potential to develop,current rent can be acceptable but to be reviewed regularly.

3.CRIME

Everyone desires to live in a secure environment. Always research on the area you want to rent/lease/buy/ ,crime is a detrimental to any investment. The high frequency of vandalism,petty crimes or serious crimes is a pointer the area is not good for investment,it is a high risk location.

4.AMENITIES

find out if the location/area have parks,malls,public transport,schools,hospitals or law enforcement personnel stations. These amenities helps to drive traffic to a given area and this helps to determine the average rent,for tenants it helps in improving communication and reducing unnecessary expenses. Select the suitable blend for you.

5.FUTURE DEVELOPMENT PROSPECTS AND CONSTRUCTION PERMITS

IF a given region attracts more buildings,commercial activities or mall,this could be a maiden sign the area is good .Many agents wont tell you this,but Propertypoa your number one property partner lets you know what is good for you. nevertheless,Propertypoa do recommend you be cautious of emerging developments which could injure the existing stable market/rent.

6.JOB MARKETS

locations with budding employment opportunities do have a positive leaning in attracting more clients,translating to more customers and tenants. If a new industry or business establishment is put in an area be assured that job seekers will flock the area,and this assures you as a landlord/business owner/ or a tenant of high compensation for homes and food etc

@propertypoa

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