Starting a rental house business or a vacation home business?

[mstakh.i.mo.mi]

A house purchased for investment purposes, and we want to make money through rental income, which is more profitable? Is it a rental house or a vacation home?



Since real estate investment involves very high costs, I believe those involved in this field have already done the appropriate research . But for those who are just starting out, or just want to hear ideas and second opinions, there may be some points in this writing that will be beneficial to you.



Location and impact on rental income
On average, at the time of writing this, the cost to rent a three-bedroom terrace gambling data malaysia phone number house around Jitra is in the range of RM400 – RM500 per month. Even that is considered EXPENSIVE.



If you put a price of RM500 per month for a rental house, the risk is that you may not be able to find a tenant willing to live in the house. In any case, please check the latest average rental rates in an area. The information I have included may not be very relevant to the area you are targeting.




Because the monthly rent is low, you can consider making another option, which is to turn the house into a homestay. Let's assume you set a price of RM150 for one night's rent. In a month, if you can only rent for 6 nights, you can get at least RM900.