Importance of Rental Property

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Importance of Rental Property:

It is not uncommon for investors to treat rent as an important source of income. However, given the practice of annual review of rent in most markets, and the low rates of return on annuities and other secure financial products, rental income offers a market-determined stream of income that is also inflation adjucted.


Is it good to have rental income?

Rental properties can generate income, but the return on investment doesn't typically happen right away. Rental property investments are also risky because of how many variables can affect its performance, like the housing market or your ability to keep it rented.


What is the main benefit of renting?

The main benefits of renting a place of residence is having fewer responsibilities than homeowners since they do not have to deal with maintenance and repairs. It also offers mobility when a location change is necessary or desirable. Taking possession of a rental house is cheaper than buying a home. 




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