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Submission declined on 23 July 2024 by DoubleGrazing (talk). Neologisms are not considered suitable for Wikipedia unless they receive substantial use and press coverage; this requires strong evidence in independent, reliable, published sources. Links to sites specifically intended to promote the neologism itself do not establish its notability.
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- Comment: Only one of the sources uses the term rentvestment/rentvesting, which is nowhere near enough to establish the notability of this term. DoubleGrazing (talk) 13:22, 23 July 2024 (UTC)
Rentvestment
[edit]Derived from the words 'rent' and 'investment', it is a business model that allows property buyers to purchase a living space or unit to primarily yield profit as a rental space[1][2]. These properties are optimized to cater to either short- or long-term tenants and generate passive income for its owners.
Property owners usually invest in estates like second homes[3], duplexes, apartment buildings, commercial buildings, condominiums[4][5], and condotels, in which they can turn into intended rental spaces.
Definition
[edit]It is a type of business wherein This business model relies on three core pillars which are aimed at mitigating risks and maximizing returns on investment (ROI) in rental properties.
Rental-Ready
[edit]Properties considered as rentvestment are designed to be ready for lease from the point of turnover. usually, developers offer ready-for-occupancy units and spaces, delivered fully furnished as well. the living quarters have all essential furnishings and rooms and floor spaces are already prepared for renting.
At times, they also include unique amenities for the possible tenants to maximize their stay within the building or unit. This pillar makes rentvestmet properties increase their value overtime.
erational Efficiency
Rentvestment properties are optimized for seamless rental business operations. This includes leveraging the use of smart home tecnhologies, such as digital smart locksets to manage access, or online apps for property management or guest management.[6]
Income Sustainability
[edit]Income sustainability is a cornerstone of the rentvestment business model. By targeting locations with stable rental demand, rentvestment properties ensure a steady flow of tenants. This approach also offers multiple income streams, including rental earnings and property value appreciation over time. By mitigating risks and ensuring consistent cash flow, rentvestment properties provide a reliable source of passive income for investors.[7]
Types
[edit]As Residential
[edit]Various types of residential properties can be utilized for rentvestment. These are designed to cater to different demographics and lifestyles, offering diverse amenities and living experiences.
Rental Spaces
[edit]Residential rental spaces are properties acquired with the intention of leasing the space to tentants for living purposes. These properties can be leased to either long-term residents seeking stable housing solutions or short-term tenants looking for temporary accommodation. This versatility also allows investors to capitalize on various rental market demands, whether focusing on steady and reliable long-term leases or catering to the needs of transient renters.
Co-living Spaces
[edit]Co-living spaces are rental properties designed to offer convenient and reasonably priced accommodations in a shared environment. These spaces are often located in busy urban areas and feature pre-furnished rooms, as well as communal amenities. These shared spaces may include kitchens, bathrooms, gyms, and dedicated work or study areas. Co-living spaces typically appeal to individuals such as students, young professionals, or digital nomads due to their affordability, community-oriented living, and flexibility.
Vacation Homes
[edit]Vacation homes are property investments which owners purchase for temporary recreational use. Typically, these feature amennities for leisure or relaxation and are located in popular tourist destinations or near areas offering various recreational activities. When not in use by the owner, vacation homes can be leased to leisure or business travelers to generate income.
In the Hospitality Industry
[edit]Rentvestment properties are also available for those looking to generate income from the hospitality market. These types of rentvestment developments combine the comfort of residential living with the amenities typically found in hotels, catering to the needs of various types of travelers.
Serviced Residences
[edit]Similar to a typical residential property, serviced residences offer a home-like environment with the added benefit of hotel-like services, such as room service, housekeeping, or a 24-hour concierge. Suited for both long- and short-term stays, Serviced Residences provide both privacy and convenience, making them an appealing choice for business and leisure travelers alike.
In the Philippines
[edit]In the Philippines, the rental market is poised for ongoing expansion. In 2023, the capital city of Manila was recognized as one of the cities leading globally in rental yields. Supported by increased public expenditure, continuous advancements in transport and infrastructure, population growth, and sustained ecomonic development, these yields are expected to trend positively.
Amidst this sustained growth potential, the concept of Rentvestment has gained prominence. Notably, the concept has been popularized by Anchor Land, one of the top real estate developers in the country. As an industry pioneer of the business model, the full-line developer offers a wide range of vertical properties optimized for rental businesses accross various segments.
References
[edit]- ^ Sola, Teresa Ana (July 15, 2024). "'Rentvesting' can be 'a good way to get into the property market,' economist says. Here's how it works". CNBC. Retrieved October 1, 2024.
- ^ Graham, James (May 2, 2024). "Becoming a landlord while still renting? 'Rentvesting' promises a foot on the property ladder, but watch your step". The Conversation. Retrieved October 1, 2024.
- ^ Patil, Rohan (September 27, 2024). "Can Second Homes Give You Both, Leisure And Money?". Times Property. Retrieved October 1, 2024.
- ^ Ong, Henry (January 14, 2020). "Financial Adviser: 5 Things You Need to Know Before Investing in Condo Properties". Esquire Philippines. Retrieved October 1, 2024.
- ^ "202 Peaklane West Tower: A rentvestment property meant to usher in a business-ready lifestyle". SunStar Publishing Inc. January 30, 2024. Retrieved October 1, 2024.
- ^ Korder, Mathias. "Council Post: Guide To Rental Property Investing: Trends And Developments". Forbes. Retrieved 2024-07-05.
- ^ "Investment Characteristics of Real Estate Investments". AnalystPrep | CFA® Exam Study Notes. 2024-02-19. Retrieved 2024-07-05.