I would say, owning a rental property is totally worth the “headache”! Although you need to invest a lump sum amount at the beginning, there are several benefits to this. Here are a few:
1.Steady and Predictable IncomeAs you rent out your property, you will get a fixed amount of rent per month which will add to your income. In the long-term, this will become one of the major sources of income even after your retirement.
2.Annual Increase in Property PriceAs the property prices increase annually, the amount of rent changes as well. Every year, the amount increases, thus adding to a few more bucks to your pocket every year.
3.Better Appreciation valueIn case if you plan on selling the property after a few years, you will get a better appreciation value. This is because, over the years, the value of the property increases and you get a good return on thel investment.
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In real estate investing, is owning a rental property worth the headache?
Shambhavi
167Views
4 Year
2020-08-24T11:20:15+00:00 2020-11-11T17:00:45+00:00Comment
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