It is crucial to take into account the maintenance and management aspect when making an investment in a condominium. These properties usually come with maintenance fees that include the maintenance of shared areas and amenities. While these fees may increase the overall cost of ownership, they also guarantee the upkeep of the property and its value retention. Additionally, opting to engage a property management firm can make it a more passive investment, enabling investors to focus on maximizing their rental yield naturally.
First impressions matter, and the first thing tenants will notice when they arrive at a potential rental property is the curb appeal. A well-manicured garden creates a positive first impression and sets the tone for what’s to come. It shows that the property is well-cared for and that the owner takes pride in their investment. This can greatly influence a tenant’s decision on whether or not to rent …
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