Apartments owned by a person who wants to benefit from owning them can not only be sold and leased. There are many other ways to profit from real estate.
Apartment as a business asset
Owning an apartment, you can profit in a variety of ways. The easiest option is to rent out your property. Legally, this type of earnings in apartments is made out quite simply. You can register as an individual entrepreneur and pay only 6% of income. Plus - guaranteed profit, minus - dependence on the market, as rental prices are not always stable.
Another way to make money on apartments is to buy real estate without finishing (or with an old repair), followed by restoration work and sale. Plus - an apartment with fresh high-quality wallpaper, new windows, ceilings, baseboards immediately adds to the market price.
Minus - while repairs are underway, apartments in this segment may well become cheaper. What other real estate business ideas are there? A completely working option is to open an agency for renting (buying, selling) apartments. Despite the abundance of realtors, you still have to look for a quality real estate specialist.
Any property is a reliable source of profit.
Apartments are not the only resource of an entrepreneur. You can deal with various transactions in the field of commercial real estate - offices, warehouses, terminals. Realtor activity abroad is quite promising: the cost of houses in Europe, including developed countries, is reduced due to a recession in the economies of some countries. The quality of the buildings is not inferior to the Russian ones, and the EU climate seems to be more attractive for many residents of our country, therefore our people are actively buying housing abroad, and sometimes with very great benefit.
The hotel business does not lose relevance. Owning a hotel is still seen by many entrepreneurs as the only reliable channel for making a profit. Many of them even have no idea how to do real estate in other segments.
A very promising area of the hotel business is check-in at hostels - miniature hotels where several people can be located in one room. Abroad, such business ideas with real estate are no longer rare, but in Russia this segment is still far from saturated.
The evaluator who is irreplaceable
Almost always in the real estate business is a job for appraisers. This is a unique type of profession. The work of a real estate appraiser is associated, on the one hand, with the intricacies of analyzing the market for buying and selling apartments, and on the other, with knowledge of the many construction nuances. Correctly determine the cost of apartments for such a specialist helps experience and special training (usually in the specialty "Assessment of the enterprise").
His work is regulated by the laws of Russia. The appraiser can be either an individual entrepreneur or an employee of the company (or a contractor contractor). Its main task is to deduce the value of the market price of objects that belong to any persons on the basis of ownership. This refers to both tangible objects (apartments, cars, equipment), that is, tangible, and of another kind - stocks, securities, various assets of enterprises (including intellectual property).
Subtleties of legislation
Real estate business is one of the most regulated in terms of Russian laws. There are many contracts for the execution of transactions - their specificity depends on the type of apartment (new building or "secondary housing"), the goals of the contract (purchase, sale, rental, donation).
There is housing with an encumbrance, but there is no. The conclusion of transactions taking into account a mortgage loan is another story altogether. A realtor at each stage of his activity interacts with the state, requesting information from the cadastre and registering contracts with justice institutions.
The tax office is often involved in the process of buying and selling apartments - it is known that profits from the sale of real estate are taxable. The most important aspect of working with real estate is the relationship with BTI, resolving issues of technical accounting. Of course, a realtor is a person who is interested in a variety of business ideas. However, one must be able to work with real estate, including in terms of knowledge of the law.
Profession - Realtor
Commercial relationships with real estate today are extremely rare without a realtor. This is a person who, on the one hand, does not need the professional and qualification requirements spelled out in any laws and standards. It is advisable to simply know the sources of law regarding real estate transactions.
Well, if this knowledge is confirmed by a diploma, but not at all critical, if a person received it independently, I realized where the laws are in which laws. As a rule, there is no need for certification of specialists of this profile - the legislation changes too painfully, and the market is unstable. On the other hand, it is impossible for anyone to become a realtor (real, not nominal).
If only because the candidate for this position should have many personal qualities - the ability to convince, sociability, erudition. Realtor is a professional working for the result. This quality is not characteristic of all people. In addition, this person should be innovatively thinking, ready to pick up any completely ambitious business ideas with real estate.
