The Covid-19: an opportunity for short-term rental and subletting

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In these times of crisis, it is not easy to find certain possibilities to develop additional income or even to find work for the 2 million unemployed French people.

The figures are even worrying. By the end of 2020, public debt should be comparable to the end of World War II… And to get back to normal, it could take around ten years.

To read in addition: What alternative to asbestos removal works?

Scams are on the rise on the Internet, and we don’t know where to look. Between staying frozen and moving forward, many people hesitate …

This is why, for 5 years, Mon Capital Immo has been helping people who want to move forward with an alternative solution in the real estate field. And that’s not what you think …

Read also: Real estate in the Vosges, a very interesting investment

No, investing large sums is no longer necessary to generate real estate income. The Mon Capital Immo team has created an atypical training course to develop a legal subletting activity. Our courses are even recognized and can be funded by the state under certain conditions.

So why are you starting today?

Because the COVID-19 crisis has awakened the market and real opportunities have arisen. The lockdown has created a hole and many landlords have simply stopped renting their property … and most still haven’t taken back!

The drop in demand is, of course, due to the loss of foreign tourists, as tourism is poorly established. But this fall in the influx of foreigners gave way to strong demand from the French.

Although the demand is generally weaker, prices have stabilized, as we recall, most owners have not yet resumed their short-term rental business. It is simply the law of supply and demand that sets prices.

It is therefore a real opportunity for those who do it as professionals: a lot of housing initially dedicated to short-term rentals is released, and at more attractive prices. The period is therefore ideal to create a portfolio of sublet properties.

In the general panic, some even abandon their short-term rental business… In large cities, those who were short-term and who had received permits to operate their property in the short term claim their SCI or SAS at a reduced price. A real boon for those who know how to analyze the offers and take advantage of this situation.

So, more than ever, it is now possible for those with the right knowledge to turn this crisis into an opportunity. Also, if we go back to the past during the 2008 crisis, this is when Airbnb was born. It is in times of uncertainty that life-changing opportunities can be seized.

Turn this crisis into an opportunity?

What if today it was you who took advantage of this new crisis to turn it into an opportunity? It’s not about building your multinational company the size of a company like Airbnb …

But what do you think of starting your sublet business, which can generate a few thousand dollars per month for those who want to go easy, or a few tens of thousands of dollars for the more daring?

If you really want to develop additional income through our alternative methods, and /or if you want to take over an existing sublet business and need help and advice … Capital Immo can support you in your process.

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