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In general if you can afford to pay (and continue to play) the rent on a house to live in then if you can get a mortgage on a house where you are paying no more than the rent, then this is profitable (because you end up owning the house yourself).
However if are purchasing a house you are responsible for all the repairs to it and you must be aware that the price you agree to buy the house for may go down (it may lose its value) as well as up (it could gain value) and you have little control over this. You also need to be sure you can keep paying the mortgage payments or you will lose your house and your investment.
What else can I help you with?
What is the process for buying a house?
There are many things that you should consider in buying a house, if it's meant for living, then you should consider the ideas given by the people you will live with. It is important that one should be comfortable staying at the place.
What is the availability of a room in a house for rent?
The availability of a room in a house for rent means whether or not the room is currently vacant and ready to be rented out.
What is the process of buying a house?
When buying a house, you need to go to a lender. The lender will then work with you to get everything you need to have done.
Is buying a house with cash eligible for any tax deductions?
No, buying a house with cash does not make you eligible for any tax deductions.
How much money would you get if you rented a 1250000 house?
a house worth one million 250 thousand dollars? I would get at least 2500.00 per month rent.
What is a alternative good?
One of a good investment is buying a house. When you are buying a house for a affordable price, you can add things to make your home more profitable and you can raise the equity on your home.
What is a good Alternative Investment?
One of a good investment is buying a house. When you are buying a house for a affordable price, you can add things to make your home more profitable and you can raise the equity on your home.
Why is Gaston not interested in buying the villa in the beginning?
gaston was not interested in buying the villa because the villa was too costly and he does not like his inlaws staying in the house.
Why Gaston not interested in buying the villa in the beginning?
gaston was not interested in buying the villa because the villa was too costly and he does not like his inlaws staying in the house.
Why is gaston not interested in buying the villa in beginning?
gaston was not interested in buying the villa because the villa was too costly and he does not like his inlaws staying in the house.
Should you buy house contents insurance before or after you have rented a house?
The safest route to take is buying the house contents before you rent the house. This ensures the safety of the appliances that come with the house you are renting and if anything was to happen you would be covered.
What is the process for buying a house?
There are many things that you should consider in buying a house, if it's meant for living, then you should consider the ideas given by the people you will live with. It is important that one should be comfortable staying at the place.
Should I find a house to rent?
Buying or renting is a personal decision. However in many places you can buy and have a lower monthly payment than you would if you rented.
Can you have fish in a rented house?
no.
What do you call a person who lives in a rented house?
A person who lives in a rented house is commonly referred to as a tenant or a renter.
Who rented a house next to the House of Lords?
owner
How do you diagram the sentence before our house was built we contentedly rented from friends for years?
Before our house was built, we contentedly rented from friends for years.
