by Ray Hader | Oct 10, 2023
Gross Rent refers to the total rental income generated from a property before deducting any expenses or costs. It includes the base rent paid by tenants along with any additional fees, such as utilities or parking charges. Gross Rent, however, doesn’t account...
by Ray Hader | Oct 10, 2023
An investment property is real estate purchased with the primary intention of generating income and potentially appreciating in value over time. An investment property is not intended for personal use but rather for renting out or reselling. Investors aim to generate...
by Ray Hader | Oct 10, 2023
A lease agreement is a legally binding contract between a landlord and a tenant that outlines the terms and conditions under which the tenant can rent and occupy a property. Lease agreements specify details such as the rental duration, rent amount, payment schedule,...
by Ray Hader | Oct 10, 2023
A lease option, also known as a rent-to-own agreement, is a real estate arrangement where a tenant leases a property from a landlord with the option to purchase the property at a predetermined price within a specified time frame. During the lease period, the tenant...
by Ray Hader | Oct 31, 2023
Market rate refers to the prevailing rental price for a specific type of property in a particular location at a given time. It is the rate at which landlords can reasonably expect to rent out their properties based on current market conditions. Market rate is...
