Owners Renting Guide

Welcome to NRI Rentals renting guide. This guide has been designed to explain the key facts you need to know about becoming a landlord. By the end, you should have a good understanding of what's involved. However, NRI Rentals team will be happy to answer any additional questions you may have.

Why rent your vacant property

We understand that your real estate property is your single largest investment, and you may want to avoid the hassles associated to rent it. However, keeping your property vacant and locked does not necessarily mean it will remain safe and you stress free. If you hire us, obviously you don't have to worry about any of these. We are specialist in managing absentee landlord properties and convert them into rent earning assets.More ...

Appointing an agency to rent and manage your property

If you have kids, chances are you interviewed the nanny or babysitter. Taking time to seek out a professional real estate agent and then evaluate. Choosing the wrong agent for the job will be a headache and will cause you loss of rental income.More ...

Setting a Rental Price for your property

This is possibly where most owners make a mistake. Professional Rental agencies see homes every single day. They know the neighborhoods and the going rates. Get a market evaluation from the agent and understand that what is a fair rental price for your home in today's market.More ...

Earning from real estate

There are two ways property owners tend to earn through property - capital growth and rental income growth. Let's take a look at these in more detail.More ...

Understanding rental income returns

Allow for empty periods Don't assume the property will always be occupied with a rent paying tenant. Budget for a month each year when the property will remain empty known as 'void period'. Focus on Net Annual Rental Income and not on Monthly Rental Income.More ...

Costs associated with Rental Properties

You will also need to budget for a number of necessary costs. It's worth highlighting what these costs are so you can budget for them. This is especially important as ultimately you mush look at the net cash flow from the property is impacted.More ...

Understanding Taxation of Rented Property Income

As a landlord, you'll have to declare your income and costs
You'll find that the tax laws are actually quite generous in allowing you to offset a large number of costs including the interest payments on your loan.More ...

Handling marketing of your vacancy

Newspaper advertising is more expensive & less effective than ever before Internet Over 60% of all renters in mumbai begin their search on-line.More ...

Getting a good tenant

Some people try to find a tenant without using an agent. If you are lucky enough to know of reliable tenants, that's great. If not, finding and managing tenants can be expensive, time consuming and hard work.More ...

Managing the showing of your property

Property showings done with potential tenants without proper planning is like going for a job interview without preparation.More ...