The spanish families of saving character are having ever more liquidity after the hard-economic crisis. Therefore, now more than everything is of vital importance knowing to return savings and remove party to your money.
The fact of being a family with savings means that many of them do not even think about investing them and taking advantage of them. That is why many of these families simply leave their savings in bank deposits and do not take any money out of their money.
The best option today is the real estate, where buying a house for rent or subsequent sale is a profitable and safe choice. There are several types of properties in which you can make an investment in real estate:
- Single-family rentals: they give better results than the multifamily ones. The reason? You are more likely to find better returns in single-family homes because there are more of them. The more volume, the better opportunities to find a business.
- Commercial premises: it is a type of investment that generates high cash flows and hardly give management work. Even so, it must be taken into account that the rental terms are very different and the terms and interest rates vary.
Some of the tricks to get money investing in the residential sector are:
- The reform and resale of the properties. It is a great way to invest money but it needs a lot of work. Still, we must bear in mind that the initial payment is a very important amount for possible repairs.
- The long-term rent. It is a great option as it continues to provide a cash flow month after month and year after year.
- Holiday rentals, long-distance investment and mortgages can also be big investments. Whenever you are the one doing the research, you take your time and buy well.