Many renters feel buying a home is an impossible dream. But consider this: A landlord expects to make a profit after paying the mortgage, taxes, insurance, repairs and other expenses. The landlord’s only income for the rental property is the rent paid by the tenants. As time goes on, and the value of the property […]
Tag Archives: Rentals
5 Mistakes to Avoid When Buying a Vacation Home
Buying your primary home is like achieving an essential piece of the American dream. And once you’ve experienced the satisfaction of homeownership, you might be tempted to purchase another. Hey, who wouldn’t want a vacation getaway—especially if you can turn it into a cash cow by renting it out? While vacation homes can be an excellent source […]