Available Property Investment Buying Options in Today’s Pune Real Estate Marketby Ahura Builders Real Estate There is no lack of the opportunities for those who are interested in investing into properties in Pune. The form of investing your choose must be based on your set of skills and interest. Whatever option you choose, just be sure that you know what to do. Read books and online articles. Be sure to watch videos about the mode of investment of your choice.
Sell it on a rent-to-own basis. If you want to get a monthly income back to back, this is the great option for you. As per this arrangement, a buyer will pay you rent on a monthly basis, which is tantamount to payment for the house on a monthly installment. After he/she rents the luxury flats for sale in Pune for a number of years, the ownership of the property will be transferred to the buyer. The good thing with this option is that you usually will not have to worry about its maintenance costs. If a buyer knows that he/she will own the property in the future, he/she is likely to take care of it and even repair and beautify it using his personal money. The downside is that you will not get the return on your investment immediately. Proceed with this option if you are a good record keeper, as this transaction, as earlier mentioned, will last for years.
Another property investment buying option is rentals. In this option, you will not lose ownership of the house. You will get a steady income if you lease the property although income from rent is not as big. Be prepared to shoulder maintenance costs.
You can also turn the property into a boarding house. This is similar to rental although the income is higher because you are leasing the property per room. This option is perfect for West Pune suburban areas such as properties in Punawale and properties near Hinjewadi because these are areas where employees are consistently looking for accommodation on a rental or a buying basis. The disadvantage albeit is that you will spend more in maintenance because you have more tenants in a property.
Property investment buying options, by long odds, will not be completed without rehabbing houses. This is basically buying a cheap property, repairing it, and then selling it for a higher amount. The good thing about this is you get the return for your investment fast. Rehabbing houses is a short-term investment scheme and usually lasts just for a few weeks. Rehabbing houses is also a good option for those who have experience in estimating or fixing homes. The downside is that this business could be risky, especially if you don’t have the right knowledge. However, do not worry; you can learn more about this option online. Just visit the official website of Ahura Builders, one of the leading top real estate companies in Pune and get to know everything about the properties in Pune.
Created on Oct 26th 2017 10:39. Viewed 233 times.
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