When rearranging your property portfolio, selling is often the obvious option. The reason may be that money is needed in the short term. But there is a major disadvantage to this: the position you sell cannot be regained. That is why it pays to look at other possibilities. As a future-oriented property owner, you should also consider other possibilities, such as temporary exploitation.
The real estate market is in full swing. There is a changing demand in real estate, just think of the closing of old-fashioned care homes and the rise of small-scale care complexes.
How does this affect your real estate portfolio? When real estate is disposed of, money comes in fast, but this is short-term thinking. You get a hefty sum in return, but at the same time you have to invest in renting a location to continue operations. Or you might have to buy another location later on, which is a shame if you already have a good position in hand.
Vacant real estate is extremely suitable as living accommodation for young people or starters on the housing market. They pay rent and also keep the owner alert to maintenance. They report faults and defects that are overlooked when the property is vacant.
These residents do not enjoy the extensive protection that tenants usually do. This makes it possible for the owner of the property to reoccupy it after a short notice period.