Скачать или смотреть Is it a good time to become Landlord in 2024? 🏠💰

With interest rates still at their highs people are contemplating investing in buy-to-let property for the first time

In India Home Loan Interest rates are running at 8.4% to 9% or even higher
This expensive considering Home Loan interest rates were as low as 6.7% before Covid 😮

If you are going to borrow then be careful as rising interest rates mean that the cost of buying property is going up, and that increase will almost certainly feed into rent

Rental yield in India for Residential houses close at 2-3% max 4%

The question? ⁉️

Can rental income keep up with rental costs and deliver a workable yield?

Understand whether the numbers work for or against you has never been more necessary. ➕

Well other things like Rental demand and Rental affordability should also be kept in mind

What are your thoughts on this? Would love to know