Advantages to Owning a Rental Property • Income from Renters • Income from Property Value Growth • Paying a Low Mortgage Rate • Paying Low Home Prices • Sweat Equity
Income from Renters The renters is a direct stream of income. That’s monthly rent go straight into owner’s account.
Income from Property Value Growth If you own the rental property, you can gain from an increase in the property value over time due to changing demands in the area.
Paying a Low Mortgage Rate Low interest rates can make owning a home much cheaper than renting.
Paying Low Home Prices if you’re a first-time home buyer, you have a great opportunity to get into the real estate game at prices you might never see again.
Sweat Equity • Sweat equity is likely to add additional value to the property as you maintain and upgrade it. • Doing things like repainting the home, adding new siding, refinishing the inside.
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