You need to know that the pros and cons of a townhouse suit your lifestyle before you make an offer on this type of home. Single-family homes are different than townhouses. A traditional house will be different because you will not be sharing a common wall with other townhouse owners. A...
“I often get asked whether it’s better to rent or own property later in life,” says Tony Clarke, MD of theRawsonProperty Group. “In reality, there are pros and cons to both options, and no easy answer that fits all situations. My best advice to people nearing retirement age is to...
It’s time for yet another mortgage match-up, so without further ado, here’s a biggie: “Renting vs. buying a home.” Or atownhousefor that matter… This is certainly an intimidating question, and one that’s difficult to sum up in one post, but I’ll do my best to cover as man...
Pros and cons of living in a condo If you’re ready to comparecondo mortgage rates, it’s important to also weigh the benefits and drawbacks of the lifestyle, not just the price you’ll pay to move in. Here are some top things to consider. ...
Residential real estate can be single-family homes, condominium units, apartments, townhouses, duplexes, and so on. The term residential rental property distinguishes this class of rental real estate investment from commercial properties where the tenant will generally be a corporate entity rather than...
The Cons of Investing in Residential Rental Property: 1. Property Management Challenges Managing a residential rental property can be time-consuming and challenging, especially if you have multiple tenants or properties. From dealing with maintenance requests to screening potential tenants, being a landlo...