When it comes to investing in real estate, there are multiple strategies to choose from. Real estate investment includes REITs, wholesaling real estate, fix and flip, rental properties and, crowd funding. The next big question is: What are the best real estate investment companies without a doubt, the best real estate investments in 2021 are rental properties.
This blog will explore the advantages of owning rentals, several types of rental properties, and how to select the best investments for 2021.
Rental Properties: – The best real estate investment
Owning a rental property comes with a variety of advantages. Here are certain reasons why you should consider becoming a real estate investment in rental properties.
- Hedge against inflation
Rents and home prices can go up or down in explicit proportion to the rate of inflation. This makes rental property investment the best investment in real estate investment companies.
- Passive income
If your property has a good occupancy rate, you can enjoy a constant flow of income every month. If you employ a qualified rental property management company, you can effortlessly make this rental income passive. Such passive income can be particularly useful for a real estate investor during his/her retirement.
Moreover receiving a fixed income from rent collected, owners also profit from the appreciation of their cash flow. This implies that the value of the best real estate investment typically increases over time.
As you pay your mortgage, you enhance the equity of your home. Later on, you can utilize this equity to obtain a home equity loan for another home.
Types of rental properties
When it comes to types of rental properties to invest in, there are many options to select from. Here are the most common ones:
Single Family Homes
As the name suggests, these homes are spacious enough to accommodate a single-family and are separated from other housing units. However they usually have a higher cost per unit, they can generate good returns for real estate investors.
Multi-family real estate
A multi-family home comprises more than a single unit. Multi-family properties with two or more units are cited as duplexes, triplexes, and quadplexes, respectively. Those with five or more are considered apartments.
The best thing about owning multi-family homes is that you can enjoy a steady cash flow from the multiple housing units. However, the greatest downside is the upfront cost to buy them. Savvy real estate investors use the house hacking strategy when buying multi-family properties.
- Condos and town homes
Condos and town homes are privately-owned units within a residential building. Homeowners can share amenities. One major advantage of owning a condo is that you don’t have to bother about the maintenance. The homeowners association takes care of things like maintenance of exteriors.
How to choose a rental property for real estate investment?
Barely buying rental property does not ensure success real estate investment companies. You need to know where to invest and what kind of property to buy.
When evaluating a neighborhood for real estate investment these are some of the things to look at:
For a good neighborhood, it should have necessary amenities like educational institutions, hospitals, shops, restaurants, and grocery stores. Residents tend to look for homes that are closer to such amenities.
- Crime Rate
For most residents, security is of major concern when looking for a place to reside. Before buying property, be sure to investigate or research the crime rate of the area.
- Job Growth
When a neighborhood has a huge rate of employment, there will also be a rising demand for real estate investment, and residents will be able to pay rent on time.
Most real estate investment companies offer rental properties in areas that are more accessible. Residents want to live in a place where they can easily go to and from school or their work. Hence, be sure to invest in an area with accessibility to public transportation and major roads.
- Return on investment
You want to invest in real estate in a neighborhood where there is the highest potential for profits and returns. The Landmark Entertainment City at Calicut provides you an investment opportunity with high rental income, lifelong ownership privileges, and lifetime benefits.
Find the best property
Once you’ve identified a great neighborhood for your preferred real estate investment. It’s time to look for factors like price, rental returns, and appreciation value and many more.
Rental Property Analysis
Perform a rental property analysis. It will show you how productive a rental home is likely to be in the future. The rental property calculator uses machine-learning algorithms and prognostic analytics to provide fundamental metrics like rental income, expenses, cash flow, and occupancy rate, cap rate and, cash on cash return.
Confused about how to invest in real estate in 2021? Landmark Entertainment City is the best real estate investment for all the reasons listed above. Wondering how to get started in real estate? Investing with us is the best option for beginners. We provide an investment option with competitively fewer risk factors. We are the best real estate investment companies in 2021, where you can be assured of lifelong benefits with huge returns.