East Rentals

Living in an apartment is now the choice of some people. However, there are obstacles such as the price being too expensive to work that does not allow staying long in one location, making some people prefer to rent an apartment.

However, just like buying, you need to pay attention to several things so that the apartment you rent can provide comfort. Then, what should you pay attention to? Come on, see the review below.

• Location

First, make sure that the apartment you are going to rent is close to offices, schools, hospitals, public transportation, and other public facilities so that you have no trouble carrying out daily activities.

• Unit Check

Second, check the apartment unit carefully. Make sure that the apartment you are going to live in does not lack anything. You can start by checking the drains and toilets, wall conditions, electricity, lights, air conditioners, and others. See also whether the manager provides extinguishers, emergency stairs, and other supporting facilities.

• Budget

Furthermore, you also have to make sure that the budget you have matches the apartment price requested by the apartment owner. It should be noted that when living in a rented apartment, not only rental costs must be paid, but also maintenance costs (maintenance fees).

Communication with Owners

Communicate anything about the apartment with the unit owner. If you are sure of the apartment unit to be rented, you should also communicate back some things that have been agreed upon.

• Lease Agreement

The agreement contains the things that are the responsibility and obligation of the lessee or the lessee. The agreement includes details such as the amount of rent, the period of rent, the costs, who is responsible for damages, what facilities are the rights of the occupants, and so forth.

A lease agreement must be made 2 copies in which each party holds it. Not to forget, this letter also uses stamp duty. The letter is legal proof that you are a resident of the apartment unit.

That is, five things to consider before renting an apartment. Hopefully, the information above can help you find the right place to live. Good luck!

Apartment investment is one of the most developed types of investment. Limited land in large cities and increasingly expensive land prices in urban areas have created property developers to consider vertical residential options. Vertical residential like an apartment has its charm. In addition to places that often have direct access to shopping centers, apartments often offer convenient facilities at a hotel. Because of the increasing market demand, not a few people are starting to work on apartment investments.

Here are five dividends from apartment investments that are the opposite of other investment instruments.

• Starting to Become a Trend and Growing

With the development of technology and times, human mobilization is increasing. To fill this request, it takes a residence that is not too large but is tolerable and comfortable. This need is offered by apartments, which are residential options for young couples who rarely drain their time at home. Not a few couples who are married also choose apartments because of the access, convenience, and place offered.

You can witness this development from vertical residential development, which is not uncommon around shopping centers or TOD (Transit Oriented Development) places such as transit points near terminals or stations. This development will benefit your investment because with increasing demand, the escalation of apartment prices will also increase. If you start early, we can buy an apartment with a more affordable price and sell it at a higher price.

• Can Be Purchased With Small Capital

The price of the apartment is indeed diverse, the apartment with the same area but the opposite place must have the opposite price. The more strategic the apartment is, the more expensive the apartment price will be.

However, you should not think that investment can only be made in a good apartment place. Non-medium-sized apartments in the city center also offer quite significant price increases. With much smaller capital compared to other property investments, you have been able to work on apartment investments. The choice of different apartment prices is very profitable for investors to choose investments that match their capabilities. Besides, we can also use credit assistance from banks or developers to facilitate financing.

• Can Be Rented With Various Periods

To get dividends in addition to capital gains, apartments can also be rented. However, if you work on property investment, lots of rents will be carried out per year or 6 months. This is the opposite of an apartment. For those of you who have an apartment unit, you can rent it out each month even per day. Rental rates also vary.

You can rent an apartment at a higher price if the convenience in your unit is quite complete. The extent of a unit can provoke rental prices. You can take advantage of Traveloka.com’s online accommodation platform to sell our units and rent them with a trusted system. If at any time you need the apartment, we can use the group again without having to worry about contractual attachments.

• Selling Prices That Will Increase

In stock investment, there is a big amount, maybe your share price will go down, and you feel a loss. However, this matter does not need to be worried about apartment investment. The increase in the apartment exceeds the development of the inflation rate, to the extent that you do not need our investment phobia consumed by inflation. Second, like property prices, apartments will often experience price escalations, whether low or high.

The percentage of apartment escalation is 5% to 10% per year. In the long run, this escalation will accumulate, and your initial investment will be the most profitable. This higher selling price will lead to your investment benefit. Besides you have used the apartment (abandoned or leased), you also get dividends from escalating selling prices.

• Savings-Based Investment

Apartment investment can be witnessed as one of the deposit-based investment formats. The reason, we will not be easily tempted to make the investment as cash and spend it.

This is certainly the opposite if you work on investing in gold or foreign exchange. If you need money, then you can immediately sell it for cash. Apartment investment can help control the nature of impulsive purchases and help regulate your expenses. The kind of an apartment that is not too liquid can be assessed as a positive aspect of your financial planning.

Tips for Investing in an Apartment

If we are interested in working on apartment investment, you must pay attention to the following points.

1. Location
   The location of an apartment is very dominant in the escalation of prices and prospects in the future. Some matters that must be considered are access to transportation, access to public facilities, access to shopping centers, and the area or area of the apartment.
2. Apartment Facilities
   Apartments usually have complete facilities such as sports fields, swimming pools, gyms, and shared rooms. Apartments with complete facilities like this are very suitable for investment.
3. Status of land
   Make sure that you make an apartment purchase from land that is indeed owned by the developer (not having a build, operate, transfer or BOT status). BOT status is the status where the asset is a government property that is utilized by the private sector around a certain time. If the agreement period expires, the asset will be returned to the government.
4. Apartment Security System
   For the security system, it is imperative for every investor to consider this. It is starting from the system of entry of guests or residents and the number of security checks of the apartment. Apartment security must be the main point sought by residents so that the selling price will be even higher.

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If we are not the type of person who likes clean cleaning work, of course, it will feel almost lazy when dealing with so many homework assignments. Every business related to cleaning, as easy as it is, will still be seen as a beneficial activity to do. So, you also begin to postpone home activities and raise problems in the form of dirty piles of merchandise in your apartment.

Without realizing it, this affair will create an increasingly uncomfortable location. The more you work on delays, the fewer tasks you have to do immediately, and the more difficult it is for you to create a cleaner and more comfortable apartment.

There are easy ways to overcome the problem of a messy apartment, as will be discussed below.

For large tasks, it becomes more simple parts, which are more likely to be worked on in fast times. Remember, not all the things you have to do today. There are still other days. So, do the cleaning work gradually. You can feel more motivated to complete more or fewer tasks after you feel successful working on the easy ones first. Try doing an easy task for many days, and we will later enjoy the apartment more comfortable and convenient to live in.

• Utilizing a Blank Basket For Putting Dirty Clothes

One affair that is often carried out by the occupants of the busiest apartments is to let dirty clothes lying on the floor. To facilitate the cleaning process, use a dirty clothes basket because you only need to throw it into the basket when cleaning. If necessary, may not even return the prevalence of leaving dirty clothes on the floor. Immediately place your dirty clothes in the basket provided.

You certainly do not want to basket your dirty clothes visible to colleagues or other residents. However, there are times when the dirty clothes basket must look neat. Imagine, if you hid the basket of dirty clothes under the bed or in the closet, you could not have the time to put the dirty clothes in the bucket to be cleaned or purified later.

• Make it a habit to wash dishes after finishing use

One of the things that can make you bored while living in an apartment is a pile of dirty dishes in the location of the dishwasher. To facilitate workmanship, immediately washing dishes each time has been used. Don’t stack dirty dishes until overnight. If you can do that regularly, then you don’t need to deal with a pile of dirty dishes anymore.

• Using Experienced Clean-Up Assistance Services

If we do not have time or are reluctant to deal with the dirt, you can ask for reliable assistance to do your apartment cleaning work. One affair that needs to be carried out when chartering professionals should not be ashamed to listen to the products they use and learn tips on how to wash their house. Remember those tips that you can do it yourself later with the product they are using right now

If we don’t want to pay for professional services in apartment washing, the easiest apartment washing tips to do is to get friends close to us and ask for their help if you feel close to them.

Sometimes, we only need different people to witness your work to work harder. This is the point of telling your best friend. We don’t need to ask him to help you clean up unless he wants to do it himself. We need to invite him to relax so that the cleaning job feels more pleasant.

Speaking of occupancy, large sizes are not often better. The fact is, not a few who feel they are getting used from living in a residential location or small apartment. Apart from being cost-effective, small-sized dwellings can also make you more creative in thinking about decorative tricks and imaginative solutions to juggle small places to stay stylish.

This is the reason why the millennial generation chooses apartments rather than home

• Prices are Relatively Cheaper

The problem is, to be able to purchase a conventional residence site, the land has also been depleted. Even if there is, the exorbitant price becomes the biggest challenge in having it.

Automatic options will also fall into the apartment. Although actually when calculated carefully, the price range will be the same. Houses are called expensive because they have two types of ownership. Ownership of rights to buildings and property of land.

Meanwhile, the ownership obtained from the apartment is merely the right of the building. That is often limited to 20 years.

• Guaranteed Internet Access in The Middle of The City

For millennials, they cannot live without the internet a day. This reasoning makes sense when it comes to working professionals. While not a few, we have encountered that internet connection is far more potential if compared with rural areas that are not sufficiently touched by the internet network.

Today, there seems to be no more type of activity that does not require an internet connection. Especially as the younger generation does not use the internet a little not only for work purposes. The internet is also used as a communication and social media device.

Coupled with the release of stress and fulfilling leisure time after all if it’s not playing games

• Personal Pride or The Term “Style”

There is an interesting conversation: Where do you live now, bro? In the apartment blah..bla..bla … Wow, now you are successful … Yeah … that’s good …

A piece of the conversation has shown how the apartment occupant feels more valued and has a special sense of honor when referring to the location of his residence.

Don’t each person need that feeling?

• Millennials Prefer The Challenge

The headaches and thirsty souls of obstacles are other arguments why these people want to choose an apartment compared to the location where they live. If they are glorified at the site where they live, they have best understood the norms and routines they usually face.

But it will be something interesting when they can enjoy how it feels to live in an apartment. Relations with complicated and complicated neighbors create them bored to communicate and interact each day.

Life in a familiar apartment is more individual. Rarely and even the absence of gossip and chatter here and there creates them to feel more enjoy and easy going to live their own lives.

• Complete Facilities

For many apartments, they have provided sophisticated military facilities such as gym locations, swimming pools, cafes, food courts, and minimarkets in one building.

This, in addition to making it easy for daily needs, can also save time on the road. Because to meet the needs and desires do not need to go far away.

There are not many items that must be purified and treated
One small residential dividend is that there are not many items that you have to clean. You at the end have more time for other things.

• There are Not a Few Choices of Apartment Types

Finally, the apartments have various types to suit their needs. Millennials can choose the type of apartment that suits their needs, starting from the studio type, type 1 room, ripe 2 room, type 3 room, and so on.

That’s 6 millennial propositions for choosing an apartment rather than a conventional residence. In addition to effective and efficient arguments, another plan is a sense of modernization that sometimes dominates their decisions

A few months later, we have had time to discuss how the apartment investment techniques, ranging from checking the documents to the facilities provided.

Now, now is the next step, friend, there are two things you can do to produce money when you have the unit. The first is to market the apartment and feel the benefits of capital gains while the second option is to rent out to others.

Talking about selling a property is relatively simple, which is urgently active in capital and patient, when I found a suitable buyer, voila! As much money goes into your savings. Another story is when apartment investments are made, the plan is indeed to be leased whether it’s annual, monthly, or even daily. There is a cost that must be borne when it has not been sold. Then it is also necessary to take care of the unit so that it is always shiny. I, as a tenant, will be reluctant if the items offered are dirty!

Therefore, this peel is the point of view of a property consumer. How exactly is the technique to quickly rent an apartment to the extent that you can reach optimal dividends. Let’s Go!

How to quickly rent out an apartment from a consumer perspective

• Maintained Apartment Unit

Caring for an apartment that wants to be rented is relatively more difficult. Why? If it is sold, once in routine care, it is routinely sold and sold, the end is already over, right? Maybe you are taking care of an apartment that has sold well. It belongs to someone else. It might be angry.

Whereas when rented, when the rental period is finished, then we start to fix it again. Paint that is faded in the middle, if necessary, replace the removable wallpaper. The floor is rubbed until shiny, and so on. If you are lazy to renovate, you should not expect anyone who wants to chart your place. Still not a few units next to that offer merchandise. Read More: Various Benefits of Vehicle Rental when Filling Holidays

When I select apartment units, do you know what I saw one time? The bathroom or toilet; however, the place is very sacred and easily dirty, is very ignored by the tenant. If the bathroom had been sleek, it could be said that the apartment unit was very suitable to inhabit. But if there are cobwebs and so on, well I would not continue watching the other room. So make you all apartment owners, if you want the unit to sell quickly, then scrub the bathroom!

• Support Management Administration

However, the rental business is a matter of “trust and comfort.” Especially if you want to last and be known positively by the outside community. So, friend, if you already have an apartment, you know how complicated it is to deal with small but many administrations. Starting from managing if you want to enter large items, an arrangement of parking lots, to service units and monthly fees. Well for some people, especially those who have never settled in a multi-dwelling place, the first sentence that will appear usually

“Hm, really complicated, not a few who must be taken care of.”

It is indeed the tenant’s responsibility, and we, as owners, do not need to bother. But, please sit quietly if you want to do business perfunctorily. If you want a lot of movement, help manage the administrative elements until they are done, you should not be surprised if your services will be indirectly promoted by word of mouth by clients.

• Photography

The apartment unit has been renovated, and then you are sure to be ready to look after the prospective tenants. Wait a minute, how do you contact the tenant? In this over-sophisticated era, I often browse before searching for anything, including an apartment. Scroll up and down, the one witnessed is not the price. The eye will automatically snatch the image on the computer screen or cellphone, then compare the price.

That is why, it is highly recommended for you if you want to enter a business that uses the internet, using a reliable photographer. Do not need to pay dearly. It is enough friends who are fond of photographs told to help take pictures of apartments.

Even if he doesn’t ask for a payment, he still gives the appropriate rupiah number. Remember, they pay a lot of money to be able to add to the portfolio with the technique of hiring beautiful models. It’s a mistake if you ask for help and doesn’t give a return.

Back to the apartment’s photography…

Once upon a time, a middle-aged woman who was still fantastic turned out to want to rent her apartment. Very clean, he is the doctor who escorts the body and his house, call him Anita. Well, unfortunately, this Anita aunt can’t get photos. So he portrayed the unit with an old cellphone without a flash.

Kirk!

Then upload it.

A handsome young man with the name Andy is looking for an apartment over the internet, glancing at the portrait of Aita’s residence. Ah, unfortunately, because the photos are not unique, it just goes through. The second loss is yes. Auntie Anita can’t get a client, and Andy doesn’t meet an aunt, who is so fantastic.

Try if Aunty Anita uses one of the services that help rent an apartment, say a website that also provides photography. It could be that the transaction will happen well and pleasantly, right?

• Easy to contact

It’s neatly cleaned, ready to take care of the administration, the photo using an expensive photographer, uh, it turns out it’s hard to contact! So, make sure that our mobile number is active and can receive calls from prospective tenants. Indeed many people are not comfortable enough to indicate the telephone number on the internet, and the reason is that there are many things.

I want to tell you some tricks.

Buy a new cellphone number, but it’s quite complicated indeed. Or use rental services that often exist in each apartment, the term is selling. The effect is, there are quite a few advantages that run to them.

There is another technique actually, namely using an online agent. Where often they have a call center that supports and helps place our ads in so many rental sites. It seems that our chat is pretty good. Hopefully, the apartment we have can sell immediately.

The property business is a business that has promising advantages, so it’s not surprising if there are not a few emerging property companies.

Even your individuals can run this business. But not all people have the right knowledge in assessing the rental price of their apartments. This is how the technique of assessing the price of an apartment for rent! Determining the apartment rental price is important because it will also assess whether the occupancy that you have can be sold immediately at a reasonable price.

How to Determine Apartment Rental Prices

For those of you who own property and manage it yourself, you have to be quite smart in assessing the price that will be installed. If you are wrong in calculating for sure, you will feel a loss not to mention the management costs that can swell later. Setting prices that are too high will create apartments that are difficult to rent. Usually, people dig for comfortable housing that is cheap and does not make holes in the bag. For that, carefulness is needed in calculating what rental price is right for the apartment you have.

Every property entrepreneur has his technique to calculate rental costs, but basically, the rules used are the same. If you also have an interest in investing your apartment, you need to know how to use techniques and tips to assess apartment rental prices to sell on the market. Based on information from the East Rentals and much successful info collected, the following are appropriate ways to assess the apartment rental price

Ask Friends or Contacts

To be able to judge a favorable price but not set a price too high, you can use the technique of asking a colleague or acquaintance who has business experience in the property sector.

Especially if he ever had a business leasing an apartment or house. Maybe your friend who has info about apartment rentals in central Jakarta or apartment rentals in Surabaya can help assess prices. Don’t hesitate to ask each detail about apartment prices, techniques to assess prices, and management. For you to better understand, try to find information on the internet or other media around apartments and property businesses. While looking for techniques to assess prices, you can also learn about the right business.

How to Determine Rental Prices

There are not a few references that you can read to assess the apartment rental price that you will market. And it turns out there are two techniques that can be used to calculate the rental price of a property. Following are the details of the explanation:

• See Market Prices

When you want to assess the price of a business property that you need to do is to watch the market price. The first step is to see and match between your apartment and the other apartment. In terms of convenience and the same extent, you can begin to assess prices according to the information you get. Look for apartments that have the same details as the apartment you have. Do not forget to adjust it to the convenience that there are examples of tv, air conditioning, kitchen devices, and others.

Also, position yourself as a tenant, if the price you keep is that and the property obtained is also the case whether you are suitable or not. If appropriate, the price decided is right. The less facilities you provide, the rental price can also be higher, but if you offer convenience that is not comprehensive, try to adjust the price. Here the prospective tenants will also see if your apartment is worthy of being chartered at a price specified or not.

• Use the Cap Rate System

Besides using the technique above, you can also use the Rate capitalization system. This method is often used by many property companies to assess the rental price of their apartments. How to assess rental prices utilizing this system is:

Rental Price (Rupiah / year) = Property price x cap rate (%)

The average stamp value ranges from 7 to 10 percent, for example, for example, the stamp rate is 8%, and the selling price of the apartment is around 600 million. Means the technique of calculating it is 600 million x 8%, the rental value generated is 48 million per year. If you want to be chartered monthly means the price you offer ranges from 4 million per month.

Consider Apartment Insurance Costs

As someone who has an apartment, of course, you are also responsible for the destruction that can occur when there is a natural disaster. For that, you also need insurance calculations that must be included in the apartment rental price that you will offer.

By entering insurance costs, you have a warranty that can be used if there is a breakdown and so on. Don’t worry, when there are not a few insurance companies that offer a comprehensive package in the property sector. There are also insurance companies that guarantee health and safety.

Apartment Investment

Doing business through a property business is now one of the promising activities. Especially when not a few people are digging for high-paying job vacancies to be able to fill their dream of living in a comfortable, luxurious, and pleasant residence. You can use this opportunity to grow your business. Especially if the apartment you have is in an urban area, you can set a higher price compared to a residence located far from the city center.

However, you also need to consider it and match it with the apartment around it. Do not let the price that you set turns out to be a very high price compared to other apartments. People cannot be interested in apartments that will be rented out.

Is the apartment difficult to sell?

Determining the price to rent an apartment is indeed not a business that must be felt trivial. For that, not a little information and knowledge that you must learn first. Right now, there are not a few apartments that have not sold well because the prices installed do not match the criteria they have. Well, what causes the apartment to be hard to sell? This is the reason:

1. The location of the apartment is too far from the city center, and access is difficult to reach by public transportation because often people will consider how the place from the office is accessible or difficult to reach.
2. Not useful apartment facilities also make your apartment prices go down. People who have an interest in their apartments are getting fewer because they feel that the facilities provided cannot be used properly.
3. The third reason is the lack of care. Although not chartered, the owner must care for his occupancy so that when rented people do not feel uncomfortable and disturbed. The better you take care of the apartment, so not a few people will have more interest when watching the apartment.
4. Prices that are installed too high can also cause the apartment to be difficult to sell. So try to pay attention to the techniques above so that you can assess the right rental price for an apartment.