Most of the house/ unit owners follow the traditional way of running rental fee collection and even they are having crisis of offset loan interest. We know, the main purpose of investors is keep first, sell after. In the mid of owing property, we are intending to rent it out for at least offset the loan interest. Yet, How?
Initially, the purpose of doing unit for rent plan is just for Rental Yield Return. However, Most of the investors are choose to be 'convenience' instead of 'rental return'. For instance, investors are taking advantage of buying the fully furnishings package where you are lack of unit uniqueness compare with others.
In fact, unit uniqueness is able to affect rental return rate where we take the example of left picture illustration. Assuming this is above 1,000 sf. 3 Bedrooms Condo Unit Floor Plan in matured (Tier 2) location in Kuala Lumpur, Malaysia. The market rental within RM 2,500 - RM 3,000 but everyone collecting the same rental because everyone is buying the same package, same size or even same furnish and design. Nothing special.
A question! how to increase the rental by approximately RM 1,000?
As our main purpose is money return, so what we have to do is aim for bare unit and redesign your unit floor plan. But how again? Let's see the picture below which the concept is partition from 3 rooms unit to 4 or 5 rooms but depends on unit design.
This concept may apply to short or middle term rental cases or even you rent it for different kind of tenants like students or Airbnb which can target more tenant audiences. We can be rented room by room which is fully managed by a management team. Where to find the management team? Yes, we can help you for better plan. Alright, the below video is another similar concept how to earn additional 30% rental income by adding 'something'
If you need an advice for investment or rental assistance, you may direct contact us for further details. Thanks for your time and stay tune.
Written by Jasone (+6017-601 8899)
Linkedin: www.linkedin.com/in/jasoneganpropadvisor
FB Page: https://www.facebook.com/Aerojetpropd/
WhatsApp: Https://bit.ly/Jasonepropd
Staring by Wesley (+6017-688 9998)
Linkedin: https://www.linkedin.com/in/wesleytan/
FB Page: https://www.facebook.com/mywespedia/
WhatsApp: Https://bit.ly/wesphone
Comments