Can a farmhouse make you earn money ?
Yes and No both.
I will first cover NO.
No if the farmhouse is not maintained well, repairing expenses goes and chances of renting are too low.
Yes.Now brighter side of farmhouse.
The business model is feasible in 2 ways.
1.Renting farmhouse:
Post covid, many companies are entering into the renting of farmhouses.Most have made use of technology enabled platforms for renting options.
Though they charge a percent amount for renting,still it's a profitable venture.like Airbnb,bookings.com
But what they need is a well maintained property.
So if you have good property,someone to take care of it to clean can be a good venture.
2.Resale through fractional farmhouse ownership:
Fractional real estate sale is not a new concept in residential or commercial.
Nowadays companies like Alyf and many private players coming into fractional ownership of the farmhouse.
If your farmhouse has good potential of renting,they buy it on company name.For example farmhouse cost is 4Cr and there are 10 investors they involve so each investor has to invest 40Lakh and get rent against it.
Resale of farmhouse is easy with fractional real estate ownership models.
Maintenance and renting is looked after by such companies.
In both earning model,well maintained and rented property is needed.
With gated communities managing multiple farmhouses and renting both becomes easy.
4th Real estate investment tool is going to be not just farmhouse but but liveable gated community farmhouse
https://youtu.be/BWkI4PP9DMA
Author,
Reshma Hajite
8308816587