Best bussiness financial advice on the net
 

Welcome to our financial advice Archive. Have fun browsing!

 

Article #233: Make Money Investing In Rental Property

(Browse for more articles)

 
Is it possible to make money investing in a tenant one month of notice to have them
real estate? You see all of those ads for move. Certain groups of people, like
courses that cost hundreds of dollars, college students and workers who may be
and claim to teach you how to make money relocated among others, actually prefer a
by investing in real estate. The truth is short term month to month lease, and
that some research and knowledge can save these groups will usually not sign an
you hundreds, and even thousands, when agreement for an extended time. A short
you invest in rental property. If you month to month lease can actually save
have some money to invest, rental you money in your real estate investing.
property is a great way to turn your This is because it is easier and quicker
money into a lifetime of income. There to raise the rent if your expenses for
are many advantages to investing in upkeep and other costs go up. With a
rental property, but there are a few longer lease, you can not raise the rent
disadvantages as well. One advantage is for that length of time, even if your
that it is a long term investment that in costs go up. With a month to month lease,
the past has given an annual rate of if your costs go up, you only have to
return at around nine or ten percent. give the tenant one month of notice
This is comparable to the stock market, before you can charge them more. In
but with significantly less risk. The summary, it is sometimes better to have a
capital gains tax on any profit you make month to month lease with your rental
from your rental property is twenty eight real estate investment. The benefits far
percent, which is less than most outweigh the costs, and certain good
investment or employment income. One of tenants would prefer the shorter terms.
the disadvantages of investing in rental The short time length allows you to get
property is the cost of tenant repairs, any undesirable or non paying tenants out
and another is vacancies. There are some a lot faster, so good tenants can be
tips to follow to maximize the return on found and moved in. This can save you
your rental property investment. The quite a bit of money, repairs, and
first is to consider a month to month hassles. You invested in real estate to
lease for your rental property. Most protect your money and make it grow, and
landlords prefer to rent for a fixed a shorter lease period will work harder
period of time, like six months or one for your money. Copyright © 2007 Joel
year. The advantages are less vacancy and Teo. All rights reserved. (You may
more stability. There are some publish this article in its entirety with
disadvantages to having a longer lease the following author's information with
time as well. One is that it takes much live links only.)
longer to get an unwanted tenant out due Joel Teo writes on various financial
to the legal system. With a month to topics including Las Vegas Real Estate.
month lease you are only required to give






1- A- B- C- 2- 3- 4- 5- 6- 7- 8- 9- 10- 11- 12- 13- 14- 15- 16- 17- 18- 19- 20- 21- 22- 23- 24- 25- 26- 27- 28- 29- 30- 31- 32- 33- 34- 35- 36- 37- 38- 39- 40- 41- 42- 43- 44- 45- 46- 47- 48- 49- 50- 51-