When buying an apartment, each of us makes a deliberate step. Someone buys it because they want to have “their own” territory. Someone wants to start a family and understands that before that you need to get housing.

And someone considers buying an apartment as one of the ways to receive passive income. And we will focus on this moment, because it is profitable to rent an apartment - it's not as easy as it seems. Yes, yes, you can’t do without pitfalls.

I want to rent an apartment. What do I need to know?

First of all, you should make a plan for yourself, in which you will indicate all the pros and cons. Think about the price of the apartment, about how much it will cost you to pay utility bills; about repairs (are you ready to make expensive repairs, how much are you willing to invest in it) and interior; about taxes and, oddly enough, about time. The time factor definitely needs to be taken into account, since there is a possibility that you will not rent out your property right away.

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Before forming the amount of the rent, try to remain objective - do not indicate the numbers with which you will go into the "minus", but also do not set unbearable amounts. If you have any doubts, then you can seek help from a realtor and after viewing the apartment, he will name the exact, market price. You will also have to deal with taxes. If you are a landlord, then at the end of each year you will submit a declaration of income, and with regards to taxes, then this is somewhere around 19,5% of the rent.

By the way, if you buy an apartment in one of the modern LCDs, for example Lipki Novopecherskie, you will be able to increase the price of rent when you advertise, since the apartment complex and the area are still quite significant factors.

Renting an apartment: How much can you earn and for what period?

It all depends on at what stage you buy an apartment and in what form. For example, if we are talking about an apartment that is being built, then you should make a calculation approximately according to the following formula: I bought an apartment at such and such a cost, then I will make such and such repairs in it, which will cost me plus or minus such and such amount. After consulting with a realtor, you will be able to determine the exact amount of monthly rent and thus reach the approximate payback figures. You can say that if you want To buy an apartment for renting out, you should immediately prepare for the fact that the expected result in terms of finances will not appear immediately.

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In general, as practice shows, it will take from 2 to 5 years to start “earning” renting an apartment, and you will receive about 7-15% per annum per year, but in general it all depends on the factors that we mentioned above. For a general understanding of the picture with the delivery of apartments, you can look at examples of ads in the spirit of “apartment rental monthly Novopecherskie Lipki” and at the same time compare prices and other offers.