Letting properties: we need to invest online or via a REIT?, news

However, the residential rental property, given its revenue decline as a result of rising prices of real estate for over ten years, with those of rents. Moreover, faced with the fiscal tightening, this market out of breath (see below). Conversely, individuals are increasingly turning to the purchase of shares of real estate investment civil societies (SCPI). This reflex is justified or should we continue for the company of on-line real estate? Tour of the horizon of the advantages and disadvantages of each formula.Buying a home for rent, in the former as in the nine, takes time and a good knowledge of the market. In the former, need to find the rare Pearl that makes for a good profitability. It is often a ' coup de coeur ' purchase, near her main residence. The investor is also intended to send a heritage to his children, to prepare for his retirement, or even to live a day this enclosure. For their part, manage the SCPI rental existing, essentially, of buildings of offices, trade walls and warehouses. The management has been delegated to professionals.The underwriter of REIT is a capital that it can transmit. But it's not a matter of pick up a material. On the other hand, this product, to invest in real estate tertiary, easily accessible on-line. Commercial rental management requires certain expertise and is suitable for experienced investors. "In the event of non-payment, it will need to appeal to a judicial administrator. The rental period can be so very long, "warn Guillaume de Lonlay, Associate Director of Cabinet Lonlay & associates.Invest in Reits is payable from a few thousand euros, or even less, and therefore can be exactly adapted to the needs of customers, where an amount of 150,000 to 200,000 euro for rental accommodation is required.Excluding tourist tax SCPI remained the average return of the SCPI for real estate business attractive, even if it tends to erode. In 2012 the amounted to 5.27% for net taxes. For 2013, must be something exceed 5%. In the SCPI shelter it takes between 2.80 and 3% for net per year. In comparison reports an on-line investment, net of tax, in the nine in Duflot of 3.2 to 3.6% net per year.Former in direct investments in the rental is paid less. "For a purchase in real estate Haussmann of quality, in the 16th, 17th and 8th arrondissement of the capital, is the profitability of the la rentabilite 1.2% gross," says Daniel Znaty, Director of real estate on the UFF."The profitability of real estate rentals reached rarely more than 4% gross in the new analysis Corinne Coccetta, responsible for real estate service on Equance. In the first, the acquisition is somewhat lower profitability price increases mechanical. But in time, it can be taxed by maintenance work.?», She says, it is still possible to buy beautiful addresses sold cheaply for reasons of budgetary imperative, and that if the rate of return between 5.5 and 6% gross or old or new, "real estate live reports between 3 and 5% net", finds Christine Chiozza-Katie, responsible for the offer on the Bank privacy 1818.The ' stone paper ' is cost-intensive: between 8 and 10% in subscription and annual management fee 0.6 à 1%. Real estate life hardly is better say: the purchase, shall meet the notary fees: 7% in the first, in the nine reduced. In addition, the rights of mutation is likely to increase in 2014 and 2015.Live or through Reits, real estate investment requires a period of long detention, including for a credit to buy. A resale right, opinions differed as to the liquidity of the investment. For Daniel Znaty, ' when, in terms of heritage organization, our client has need of cash, we're not moving to the SCPI. He said: "since four or five years, dedicated to tertiary real estate Reits do well and collect a lot. It is inflationary. This market is cyclical. We are not immune to a certain tension. Allowing more uncertain resale in the medium term.?"In any case recommends," should not be bound to a single product hands and feet. While for an on-line purchase, in principle, the individual can sell the housing when it wishes.This is not the opinion of Corinne Coccetta, for whom ' in case of necessity, the SCPI may be resold, rented a House easier than as progressive, although often the market price, which is not necessarily the case with feature is if there is urgent. An important point is also the absence of passage at the notary, that a gain in terms of time and money.?»