Apartments for rent in San Francisco and the bay area

Apartments for rent? 5 benefits of having rental properties.

Investing in apartments is an option that in recent years is gaining relevance because it is a source of extra income for those who seek to secure their future. And what should be done with the new property you acquired? The rental of a real estate leaves you several benefits. Here we tell you what they are.

Rent your property, the option that generates profits.

One of the advantages of renting your property is that it is easier than selling it, since there are people who, according to their needs, renting a property does not generate a commitment such as buying.

You are interested in reading: Learn about mortgage credit to buy apartments

Also, if you acquired a mortgage loan to buy apartments, the money you get from the rents can help you pay off the debt with the bank sooner. Know the 5 benefits of renting your property.

1.- It guarantees that each month you have an extra income.

2.- You avoid “skydiving”.

3.- Every day the value of your department increases. If you later want to sell it, you will get more money than when you bought it.

4.- In case you want to return to inhabit it, you can do it since you are still the owner, but do it according to the law.

5.- In case of any damage, you will find out quickly from your tenants and prevent your property from deteriorating.

Today's: Departments for a day

The platforms that are growing due to their demand are those that rent apartments for a day such as Airbnb, HomeAway, or Couchsurfing since these services offer a stay for those who need to be in and out of a city.

This service has several advantages that we will tell you about in a future publication, but if your apartment is located in a central area with high demand, we assure you that you will have high profitability.

Stand out from your competition and rent furnished apartments.

Excelling in the real estate market is a challenge that you will have to face every day, but one option for you to have an advantage is to rent furnished apartments since there are several sectors that seek this alternative: young people who come from other states to study or people they move for work reasons.

Another issue of renting with furniture in which you can increase your monthly payment up to 20%, which is justifiable since you provide the tenant with a habitable place without any complications, but you must be very careful since this modality or renting rooms generates a greater responsibility. If you are interested in this alternative, consider the following points:

Take an inventory of furniture

In the lease, the house includes the characteristics of each one.
Do not install furniture that is not worth it. Remember that the quality of the service you provide speaks a lot about you.

As we mentioned at the beginning, apartments for rent are an excellent option but it requires more attention, so you must be aware that contracts are up to date and with clear specifications so that you avoid any anomaly and do not have a bad experience, Since apartment rental fraud is something that exists but that you can prevent by consulting with experts in the field.

Apartments for rent in San Francisco and the bay area

The capital gain in areas of the Jalisco metropolitan area increases over time, so when investing in an apartment to later rent it consider its location.

At Citibank, we have the best options, where the three points of the real estate market stand out: capital gains, profitability, and location. Don't worry if you don't know which route to take, we have trained people to advise you at all times.