The Pros And Cons Of Housing

The obstacles landlords have to overcome causes them to lose their motivation to invest in rental properties and they instead flock towards other housing options to include condominiums, office towers, and hotels.

My reasoning behind this is that properties will not yield as much of a return as the utilities and the railroads, and that properties are much more abundant and common that utilities and railroads. Later, I started buying some properties on the red and orange sections of the board, as they seemed to be the most commonly landed areas on the entire board. I also relied on luck, such as landing on “Free Parking”, and pulling a “Chance” and “Community Chest” card that would be helpful to me. If I were to play the game again, I would try to start building three houses on my properties as quickly as possible, which would ultimately cause a housing shortage. This would end up restricting the availability of houses to owners of high rent colour groups. I would have also tried to buy all my properties as soon as possible, as I did not realize how long the game can extend for. I ended up coming in 1st place in my group, as I had the most cash and both utilities, among having a handful of

When you invest in real estate to rent the property, make sure you're able to get your money back within a reasonable amount of time. If

of rent will not increase as quickly as inflation. While the moral side of rent

John DeRight & Judy DeRight both members of the long standing DeRight family based in Arlington, Virginia are looking to diversify their portfolio of investments and are contemplating investing in real estate to achieve their investment goal. Both are in a different stages of their life and are considering one of the four real

The third comparable is also a Class A apartment complex but is still under construction. In terms of quality and

But on the other side, if you are renting, unless you damage the property, you don’t have to pay for fixing repairs.

| * Very little security, tenants can be evicted without a formal right to appeal with only two months notice * Private renters usually have to provide an initial rent & deposit before moving in. This can prove costly

Many have amassed a fortune in property rental. Even in this economy,  if you hold onto your property long enough, it will almost always appreciate in value. It can be a guaranteed way to

and reviews. For example a poorly reviewed and ‘riskier’ renter would be charged more than a

You might be better off paying a reasonable amount for rent and saving your money when buying seems more logical. Also, it depends on lifestyle preferences. Some people may not want to do all the work that comes along with owning a home. As of right now many people are leaning towards renting. This is because the market is going down. Some don’t want to commit to a mortgage if when they go to sell they can’t find any buyers.

Some individuals may believe that buying a home is part of the American dream and that renting an apartment does not compare, yet satisfied renters would disagree. Even though owning a home provides a sense of security while allowing modifications without permission, renting is preferred more often over buying because the expense of updating, monthly payments combined with utilities, and paying insurance on a home comes with a high price tag. A homeowner does have several luxuries such as forming lasting friendships with their neighbors, making landscaping changes to their yard, painting and designing their home. While that remains true, renting an apartment comes with several different options and

Given my classmates chose to answer the question pursuant to multi-family and office buildings--or maybe both--as opposed to industrial, it should be noted that multi-family developers generally only build Class A and B, with C and D properties reflecting a down-graded or later life-cycle condition. Office buildings are categorized within only three classes (A, B and C), and generally built to Class A with lesser classes again reflecting a later life stage. Moreover, properties can be upgraded in class through renovation and maintenance. Equally, according to Golden (2013) “a Class A building in one neighborhood may not be a Class A building in another”.

As a landlord or tenant, they should know what rent control is and the advantages and disadvantages of it. Rent control is a government control of the amounts charged for rented housing (Dictionary.com). It regulates the maximum rent price, how much rent can go up, and what options are available to tenant who love in rental properties that need repairs (Apartment Ratings).

In order to answer this question we first have to consider whether the value provided to the commercial and residential markets is the same. While it may look like the value is similar, upon closer inspection, we can identify an important distinction between the values provided to the two markets: