Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [rental-property]

Questions around the use of property that is rented to others.

Questions around the use of property that is rented to others.

488 questions
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11 answers

Why does it seem the best way to make a living is to invest in real estate?

I can't get past the idea that, if you work well in your job, you may get laid off or fired, and companies do not like to hire you when you get past the age 45 or 50. But if you invest in some houses or rental properties or fixer-upper, a lot of…
nonopolarity
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54
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8 answers

Why is rent going up in an apartment complex with multiple units sitting unrented?

I'm moving to a new city at the end of the month and am looking for an apartment. I found a property that I like, but the rent was a little more than I wanted to pay. So I decided I would take a risk that it would be leased out and let the rent…
user1543042
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17 answers

Tenant wants to pay rent with EFT

I live in Kentucky, USA. I rent out a house in Alabama, USA. My tenant wants to pay rent using electronic funds transfer rather than by mailing a check. This makes it easier for him to get my payment on time and it also comforts his fear of the…
Engineer Toast
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48
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6 answers

Unexpected large rent payments, by moneygram, for my apartment, not by me

I'm used to scams where they ask you for moneygrams, but not the other way around. I applied for an apartment Oct 7th, and moved in Nov 13th. When I tried to pay December's rent, I saw that my account with the apartment complex lists some 4.5k in…
HammerN'Songs
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12 answers

How much more than my mortgage should I charge for rent?

We're considering moving at some point in the future, and right now we have a mortgage on our home. So far we've been here about 3 years, and we're considering renting out our home. Obviously there will be costs associated with renting the home out:…
Wayne Werner
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46
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7 answers

In general, is it financially better to buy or to rent a house?

I know this differs from country to country, from person to person (depending on how much you already have saved), but I'm curious about the simplest example. Let's say I have little to no money. I can: Get a loan and buy a house, or I can…
Dan
42
votes
6 answers

Why invest in becoming a landlord?

One of the most recommended ways to invest one's money still is real estate. Sure there are different ways to invest in real estate, but why does it make sense financially to buy property and become a landlord? Here in my region a flat costs around…
sigy
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8 answers

What's the catch in investing in real estate for rent?

I can see a 2 bedroom, 2 bathroom $100k property on Zillow (est. mortgage $375/mo) next to a university so rent prospects are good. Rent estimate by Zillow, confirmed roughly by Craigslist: $972/mo. That's just crazy. What's the catch in…
chx
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30
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7 answers

Long Distance Landlording

I hate for this question to be overly general, but I think the problem is that I don't know what I don't know. My wife and I are thinking about becoming a long distance landlord/landlady, but having never done it before, we aren't confident that the…
ceiltechbladhm
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5 answers

Why are residential investment properties owned by non-professional investors and not large corporations?

This question is relevant for Australia but I would think that it would apply to other countries too. I've noticed that nearly all residential investment properties are owned by non professional investors. What I mean by that is that the landlord is…
Joe.E
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29
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5 answers

Should tenants pay for repairs if it's their fault?

Say a tenant accidentally flushed a hard object down the toilet, is it better for the tenant to take care of the plumber bill or call the landlord? Would this be good grounds for a rental raise in the future if calling the landlord?
Lightsout
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28
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2 answers

Charging the company I work for to rent from myself

I have a Vacation Rental By Owner (VRBO) rental in a city that the company I work for (large company - W2) requires I travel to regularly. I am authorized to use either hotels or VRBO/AirB&B rentals when I travel. Is there any financial / tax reason…
maplemale
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28
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3 answers

My tenant wants to pay rent through their company: Should this raise a red flag?

I have a tenant in a residential rental property who wants to pay rent through their company. They are asking for my SSN because they say their CPA needs it. Should this raise any red flags?
Nathan
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16 answers

How to best invest 90,000 EUR with zero knowledge in investing?

I have 90,000 EUR and difficulty figuring out what to do with it. This money is in a savings account with an interest rate of only 0.05%. Here in Netherlands, I pay around 600 EUR each year on this money via taxation. So, I am losing quite a lot of…
user1880405
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Better to rent condo to daughter or put her on title?

We're contemplating purchasing a small condo in MI for our daughter to live in while she goes to law school. This would be an all cash purchase, so no mortgage. If daughter is listed as a co-owner, we can save about $100 per month on property…
Barbara
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