Archive for October 1, 2015

Finding a Great Rental Property May Make More Financial Sense Than Owning a Home

Written by Family Fun. Posted in Chinatown apartments philadelphia, Loft district apartments philadelphia, Old city philadelphia apartments

Luxury apartments in philadelphia
In an increasingly fast-paced and competitive housing market, many Americans are choosing to rent instead of to buy, citing lower costs and ease in obtaining repairs to the property. Researchers report that often, renting makes much better financial sense than buying: repaying interest to a bank or other lending entity and performing structural repairs to aging properties can be avoided by renting.
The money saved when a tenant is renting an apartment can then be invested: stocks in general have a much higher return on investment (ROI) than property, expert investors report. If the property being purchased is a foreclosure or is being purchased for the price of outstanding tax