If you are looking for something to add to your current portfolio and to guarantee you a fixed income now and in the future then you should be looking towards the real estate sector. There are so many options available for investors right at this very moment and if there is one thing that we are all running out of here in Australia, it is space. They aren’t making any more of it and people are always going to want somewhere to live including families and single people as well. This is why it might be worth considering getting involved in build to rent property and it allows you to buy a number of units and then rent them out.
Clearly, you are a very busy person and so you can actually get a professional to manage your buildings for you and that leaves you more time to concentrate on the core of your financial portfolio. This is what makes build to rent so financially attractive and because property is always in demand, you know that you can fill the properties and start earning the money needed. If you have never considered the advantages of investing in build to rent properties then maybe the following can educate you somewhat.
– They are very low maintenance – You will be investing in newly constructed properties and so the chances of you having to spend money on maintenance in the next 10 years, is pretty low. This will help to improve upon your current cash flow situation and this is money better kept in your wallet or purse. Most of these properties will come with management services and so you let them take all of the responsibility onto their shoulders and so they won’t be on yours.
– There is very strong demand – As was mentioned briefly before, Australians are always looking for somewhere new to live and so if you invest wisely and pick properties that are close to certain towns and cities then there’s no reason why they won’t be rented out on a regular basis. There is a high demand for units such as this and so if there is an opportunity to buy one or more then you need to snap them up.
– You enjoy excellent appreciation – There is absolutely no doubt that the price of property is going up year-on-year all across Australia and so this is a particularly safe investment. Demand will continue to increase and so purchasing your property or properties now will allow you to take advantage and make lots of money. As rental prices continue to grow, you can increase the rent due and so this makes it an excellent investment always.
All you need to do now is to make sure that you get quality tenants in your property and can pay you the rent on time and they will take care of the property as well. You need to make sure that you get the right kind of rental agreement that will protect you.
