Interiors. Monday , December 18th , 2017 - 10:47:29 AM
And because your tenants do not need to furnish the property and bring in big furniture, they are less likely to damage the walls of your property. But along with the advantages, prospective investors should also know what the disadvantages of furnished apartments are. Furnishing an apartment means that you will need to invest a sizeable amount of money from the onset. And that investment will not be a one-time thing. Over time, you may need to replace a few pieces inside the apartment.
Additionally, furnished properties offer higher yields compared to unfurnished properties. The main reason behind this is that tenants are more than willing to pay more in exchange for convenience. Furthermore, short-term leases are (more often than not) not covered by traditional leases and regulations which apply to longer leases.
While online, take time to check out the social media pages for any potential properties. You can see up-to-date information and may even learn about new specials not advertised on real estate websites.
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