Tips for Buying Your First Investment House

First of all, you should determine your needs exactly and you should plan a budget. For couples, 2+1 home may seem ideal. But if you plan to have a pet in the future or you plan to have a child, a 2 + 1 home is not enough. So when you decide to buy a house, you should also consider your plans. Besides, details such as the suitability of the house you will buy for your lifestyle, the district where it is located and the life in the region are also important.

On the other hand, depending on your credit rating, being able to pay a housing loan is not the only condition for buying a house. You should consider taxes, extras, insurances you have to take out, costs, and renewals of the house. For example, if you are going to renovate, you may need to live in a rental for a while. “Do you have enough income for both rent and loan payments?”, “Have you made the right planning for daily expenses and school expenses?” These questions are important.

Special tips for people who are buying a house for investment for the first time!

If you want to earn rental income from your investment property, you may need to spend some money to improve the interior properties of that property. Such as bathroom and kitchen renovation, floor renovation…

Thus, you can increase the value of the house and find tenants at higher prices. How much income you can earn depends on where the property is located. You need to invest in areas where there is a lot of demand and valuable points such as schools, hospitals, and shopping centers for houses with high rental values.

Of course, it is advantageous if the property is located in the city center. However, you should also be interested in districts and neighborhoods that have transportation advantages or you know that developments such as urban transformation planning and metro investment will be made soon. In this way, your investment in a region that will make a premium will make you more gain in a few years. You should definitely benefit from the guidance of professionals in all investment and citizenship processes.

Realista Turkey will help you with many issues. You will not encounter any unpleasant surprises during your home buying process with the guidance of our experts.

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