Is it wise to buy a flat and then leave it for rental ?

Q: People buy flats and then again leave it for rent, is it wise to do so ? Because there will be a running loan on the flat, off course to service the loan its a better option but will it yield me a better output on a longer run ?

Ajay Kumar, Bangalore

25th September 2013

Rentals in Raja Aristos, Bannerghatta Road, Bangalore

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People who are buying a flat and then giving it for rent are completely looking for investment purpose. They are investing for long term investment may be for 4-5 years after which they will either use it for self or sell it off.