Buying an own a property is everyone’s dream. Every single person wants to have their own house and much more property in terms of wealth as well as status. But in present scenario buying a property is very difficult task. As the market rate for purchasing any property is very high. Also buying a property is a life time investment for any person. Before buying you should consult a real estate agent as GIRISH NAVNATH AVADH does. After buying a property you can make it rental for earning purposes. It costs nothing much but make earnings a lot.
GIRISH AVADH PUNE tells us some issues with buying rental property and becoming a landlord:-
For buying a property we need a capital investment which is compulsory for everyone. You have to look upon your own status for purchasing firstly. After buying a property we have to spend a worthy amount to make the property rental if it is damaged, portion of the property should be remolded. Repairing work such as for foundation, wiring and plumbing also needed. Whether the property is damaged or not you have to make up it according to the necessity. As a landlord you have many responsibilities regarding your rental property. According to law if any damage is occurred you have to repair it quickly.
Rent collecting is further an issue. That creates headache every month. If the paying guests or tenants are good they pay their rent on time. You don’t have to call them for paying rent. But if they are not good they creates dispute in giving rent. Having a comfortable environment in dealing with tenants is must before start renting. At first tenants will agree for every conditions of landlord but later surprisingly many problem arises. GIRISH AVADH as a landlord faces many problems such as calling tenants for paying rent, putting stains on floor, uneven drilling on walls and paintings made on walls and floors. Fighting tenants with one another is another problem due to which many landlords suffer a lot. Evection is a solution for such cases. Maintaining property properly and paying taxes is another way of becoming peaceful landlord.
