Hello, and welcome to Heim Utleie. Starting with a little post that might tempt you to take the plunge into real estate!
Rental property has many benefits:
1. Increase in value
2. cash flow
3. tax benefits
4. Paying down the loan
5. Increases your gross income, and thus your borrowing opportunities
6. Inflation eats up the loan and increases your rent at the same time!
Many people are worried about large sums of money in loans, but as long as you buy something that increases in value and provides a positive cash flow, you're in a good position. Location and the size of the property are important factors when it comes to returns.
"I'm most familiar with the market in Bergen. But the way the market is today, it often pays to use your own loan-to-value ratio to buy a rental property and instead rent yourself. It's especially profitable if you buy in the city and rent a little outside. The key here is to choose the right rental properties, and not just buy the first 3-4 rooms you find and think look good.
My brother and I have just started offering management of rental properties to the market. Get in touch for a non-binding conversation about management or real estate investment.
