Residential Property Fun Facts
Sure, moving is an exciting idea. But, before anything else, you may need to read these residential property fun facts first.
How do you value residential properties?
The only way to value residential property is to look at the selling prices of what estate agents and surveyors call comparables (similar properties that have recently sold). Properties that are currently on the market are not comparables.
What is a residential income property?
Income properties, on the most basic level, are assets that produce a revenue stream for real estate investors. In the context of residential income properties, this usually comes in the form of monthly rent payments from tenants.