4 ms·
>Rents go up every year, Unless you live in an area with rent control or have a tenant who has payment issues and evictions are long and tedious.
by ChuckNorris89 4y ago
>Rents go up every year,
Unless you live in an area with rent control or have a tenant who has payment issues and evictions are long and tedious.
- lelanthran 4y agoWell, then, don't buy a property with the aim of renting it out in a rent-controlled area. And seeing as how you're essentially getting a return by investing someone else's money, go through the 3 month long eviction process and vet your renter more thoroughly. Honestly, the way you say it, one would think that most landlords make a loss by renting out their properties. Trust me, they aren't.
- KptMarchewa 4y agoIt's one of the reasons why rent control works negatively in the long run.