translated from Spanish: Start real estate lease insurance for investors

The real estate business continues to grow in our country. In fact, today, there are companies in Chile that manage the leases of up to a complete building.
For example Atotal, is a company focused on supporting small investors with department management, and larger ones such as real estate or the Multi-Office system, managing the multiple assets of a family, in order that in all cases, only they worry about getting their income month by month.
The grace of this type of company is that they have lease insurance in case of non-payment by the tenants, something that always becomes the main concern when investing.
“We take care of providing a personalized real estate management and advisory service, oriented to take care of the estate of our clients, providing comprehensive real estate advice during all stages of the lease or takeover process management of your property, based on our experience and training in the sector” says Jaime Ulloa, general manager of Equimica Inmobiliaria.
Buying an investment department is a business that is self-sustaining over time. Not for nothing has he become the favorite of recent years, incorporating young people into the world of investment, something that did not happen 15 years ago.
Today the possibilities have been opened up, but obviously before making any kind of investment, you must have the necessary advice to maximize your resources This is not a question if you are going to be able to pay for a department or not, but perhaps with a good margin to save or you can have several at once.
In fact, investors are looking for apartments close to public transport connections, with supermarkets, schools and green areas nearby, etc., because that’s where the tenants’ decision-making influences. In addition, companies that can provide the full service are sought, even covering the dividend in the event that it is not paid.
Finally, let us remember the concept that investment in departments is “paid alone”; this because the value of a department is set in UF so it is not depreciated along with the money. In general the housing market always tends upwards, this means that departments are going up in price over time. To ensure this, it is very important to invest in areas that have a good growth projection in the future.

Original source in Spanish