You know, or maybe not, one of my pillars of financial independence (except internet) – it is the real estate.
Then the immo, it’s cool, it works, but no matter how.
In fact, it is very important to me that my real estate be cost-effective.
I explained to me personally, a apartment in act, pinel is according to me (again this is only my personal point of view) a HUGE SCAM. It not earn you anything frankly.
Pinel is really a device that will not earn you anything. The goods for sale are surcotés, that is to say that you pay for (most of the time) much more expensive than what it is actually worth. In addition, a well in Pinel will ask you each month to make a « savings effort » but lol what…. basically each month you have to pay money for this apartment surcoté… Then ok you are going to have a pseudo tax credit, but not if you do the math you do you will enrich with this type of investment.
In short, I am not of this school. For me a property must AT a MINIMUM be self-financing.
What I want is that the rent collected cover all my expenses, the repayment of the credit, the expenses of copro and taxes…. So, the goal is to buy property and the least expensive possible per square metre.
What I am looking for, it is the performance AND the heritage. In fact, I’m trying to find a property to renovate, which are well placed (close to the city centre and public transport, for example) but who is the best rental yield possible.
The short-term rental and collocation are currently the only 2 ways to achieve this goal rental yield.
How to find a property with strong rental yield?
I’m a fan of automation and tools, which to me makes life easier.
I you council therefore strongly this tool to find the best property with strong rental yield in your city.
Evolution of the real Estate Price of the M2 in Montpellier
|Period||Real estate prices per m2||Price per m2 of houses||Price per m2 of apartments||Price per m2 of land|