Rental Business

[Starmix]

Rental business makes a person acquire wealth. A property doesn't appreciate but depreciate which is why if you have a building for rent for the office, business, parties, any celebrations, and even a wedding venue you're very lucky. And then save the money from the rent and never spend a single cent from it so that the interest accumulates and when you retire and live too long you can also live on financial freedom.

 

[Joshua Farrell]

The biggest thing I am aware of when it comes down to rental properties, is reinvesting what was earned through rent, back into the property as needed. If you have someone renting, that is willing to take care of the property, you have one less issue to deal with to make sure the property returns value.

 

[eldavis]

Rental properties like real estate is one of the most lucrative business over here right now in my country. Most people rent thier buildings for around a million naira for only a year depending on the grade and standard of the house.

 

[Starmix]

Although there is a risk in renting a building but it still yields a profit. The maintenance of the building for example is also necessary and the owner must hire a caretaker to check the safety switches and the facilities.