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If you think the housing market will go up 5% a year, even sitting empty, you'll still make 5% a year (minus property tax). So the expected return is not necess
by ApolloFortyNine 5y ago
If you think the housing market will go up 5% a year, even sitting empty, you'll still make 5% a year (minus property tax). So the expected return is not necessarily 0 in this case for an empty property.
Hope this helps.
- ViViDboarder 5y agoIf the market goes up, you’d still have that increase in value rented or not, but you wouldn’t have the recurring income if you don’t rent. You’re still forfeiting that by keeping it vacant.