0
Sitting rent refers to a situation in which a tenant pays a rent amount that is lower than the current market rate for similar properties. This can occur when tenants have long-term leases or agreements that lock in lower rental prices, even as market conditions change. It often benefits the tenant but can be a disadvantage for landlords seeking to increase their rental income. Additionally, sitting rent can create challenges in rental markets, particularly in locations with high demand and limited housing supply.
What else can I help you with?
Is house-sitting a profitable business?
House-sitting can be very profitable for those who accept a long-term house sitting gig, and end up saving their rent or mortgage payment every month. We have had house sitters tell us that they have saved $20,000+ each year that they lived rent-free as a house sitter.
What is the name of an old western movie with and Asian guy who was drunk and sitting by a wagon wheel at night in the rain saying you must pay the rent but i cant pay the rent?
Westward the Women. YOu can see it on Youtube, type in RT_W8.avl, that is a 9 minute clip, the scene is a minute 7:30
Is sitting a verb?
Yes, sit is a verb.
What stackable outdoor chairs are suitable for a garden wedding?
I would rent simple folding chairs from a party supply company. These aren't always very comfortable, but it sounds like your guests won't be sitting for long.
What is a rent roll?
Rolling the rent is rent roll....
What is the reward for land?
Rent or lease
What is rent roll?
Rolling the rent is rent roll....
what is the rent?
what is the rent
It is for rent?
it is for rent?
Can I rent it?
Rent what?
What is the Journal entry for outstanding rent?
debit rent expensecredit rent payable
What is rent abatement?
Rent abatement is reduction of the amount of rent due.
