Investing in real estate can sometimes be a real headache for owners who are not professionals: unpaid rent, damage to real estate, work to bring it to standard, taxation. However, the state has introduced a number of measures for individuals that are important to know before you start. I am François Paquet, a lawyer for Stéphane Paquet-Cauët, who enlightens us.
1 – Free deposit: Visale
Visale complies with a free system that covers unpaid rent for up to 36 months and covers the cost of home repairs for up to two months.
To take advantage of this, the tenant must be either under 30 years of age or have an income of less than 1,500 euros per month. The tenant is certified Action Logement.
Taking advantage of this, the owner provides payment of rent and repair of possible deterioration.
2 – Mediation in rent
Owners can rent their property through a third party who manages it.
1time solution: the landlord rents out an association that makes it accessible to low-income subtenants. The company itself pays the rent and restores the property in case of damage. Thus, the rent is guaranteed and the property is managed by a professional.
2th decision: the property is transferred to a third party on behalf of the management. The third party manages the property, is responsible for collecting rent and fees. In this context, the Visale system can be mobilized automatically, as can specific unpaid rent and loss insurance.
Therefore, the property is managed daily by a professional who relieves the owner of this burden.
3 – DossierFacile.fr
This site checks the files of potential tenants for free. Candidates download documents from their files online. DossierFacile.fr operators then check the completeness of the file, its consistency and clarity in less than 24 hours. In this way, owners receive complete and verified files. Therefore, when choosing a tenant, owners have a complete and secure file.
Other schemes provide repair assistance, interest-free loans and tax breaks.
4 – My repair bonus
The Ma Prime Rénov ‘system allows, under certain conditions, to obtain partial coverage of the cost of work to improve the energy performance of the facility.
This device is combined with energy saving certificates and zero-rate environmental credit.
Depending on the project, the assistance can reach several thousand euros.
5 – Loc’Advantages
The Loc’Avantage scheme allows real estate to be rented out at a reduced rent in exchange for a significant tax reduction, which in some cases can reach 65%.
In addition, special financial assistance may be provided for work and property repairs.
Reducing the tax can significantly increase profitability compared to renting real estate outside the system.
By planning his project well and mobilizing all possible devices, the owner can make a very interesting financial transaction, both through assistance and through tax savings, while ensuring the payment of rent and fees.
This way, non-professionals can invest with complete peace of mind!
I’m Francois Pake
Paquet-Cauët, based in Saint-Etienne, operates in the following areas:
- Real estate and construction law
- Contract law
- Legislation on civil and medical liability
- Administrative Law
- Criminal Law
- Personal and family law