Pros And Cons Of Owning A Rental Property In Calgary
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Having a rental property apart from your home is something everyone considers investing in. The whole idea of having more money making assets is enthralling. But owning a property in Calgary and letting it out on rent isn’t easy. Before you go ahead and spend your savings on a rental property, here are a few pros and cons you should be aware of.
Pros
A Steady Income
The major benefit of having a rental property is the income you receive from the tenants on a monthly basis. Apart from the job you have, the rent money received is an added steady income, which you get without doing much. If you own more than one property, the rent money accumulated can amount to a good income. The rent money also helps you to pay the mortgage on the house without…2720 Views, 0 Comments