Benny L Kass
especially if the owner intends to rent out the unit. These laws can limit the amount of rent charged and protect tenant rights, which could influence the investment returns on the condo. If you're buy a condo to rent out, you should become familiar with local housing laws ...
Buying a condo to rent out for profit is risky at best, unless of course you have a contract with a multinational company that wants to rent your place for staff, or a similar scenario. And here's why: Condos for rent are two a penny. The sheer abundance of choice makes it a renter...
Have the opportunity to rent out the house to others and reap the financial benefits of being a landlord while building equity. Do not have to worry about a landlord swinging by to inspect the property, or curtailing your enjoyment of the house in any way. ...
One of the things I’m often mentioning to people is thinking about how to pick a neighborhood you will love. What you have to figure out is what are must-haves. Do you want to be close to the beach, a golf course, or enjoy another hobby? Consider the drive time when picking a pl...
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A neighborhood with a high vacancy rate is not a good sign. Find out an area's selling prices to get a sense of local market value. Research the average rent in the neighborhood and work from there to determine if buying a rental property is financially feasible. ...
3) Rent out the property 4) Manage tenants 5) Market the property at the eventual sale Deal Examples 1) Halcyon (photo below) new development in Midtown East. Represented clients who booked at the pre-construction stage. Rented out at premium rents upon condo completion. The building is clo...
1. Have a Great Realtor Early in the pandemic, my wife and I sold our downtown West Palm Beach condo, bought a Disney-area resort property with some of the proceeds, and moved into a larger rental a few miles from downtown. We needed to stay in roughly the same area so my son cou...
8. Is it better to rent or buy? The decision to rent or buy is truly a personal decision. There is no clear cut way to assess whether buying or renting is a better financial decision. The decision rests on several factors, such as interest rates, property values, down payment requiremen...