Having a property and keeping it unoccupied or empty for a long time is not something profitable, in the real estate market the demand for housing to rent is always on the rise, at all times there are people looking to rent a home or flat and this is an opportunity to take advantage of it to property and generate income.
But, as in any process, those who decide to rent a home will obtain advantages and disadvantages, details of each of these will be given in this post.
Benefits of renting a home
First of all, it is important to keep in mind that with the entry into force of the new real estate law, owners of empty homes will have to pay more taxes, this is a good reason to rent it, in addition to the following benefits:
- Maintaining a home is expensive, with the rental of this it is possible to pay all the costs that derive from it.
- A vacant home is not maintained and begins to deteriorate, so keeping the home in good shape is another good reason to rent.
- Generate extra income, what is the point of having a property if you don’t take advantage of it, renting will generate more economic income.
Disadvantages of renting a home
Not everything can be positive, some disadvantages of renting the property are:
- The owner of the dwelling will not be able to dispose of it.
- If the house is in poor condition or has certain infrastructural details, before putting it up for rent you must pay the costs for the construction.
- In the event that tenants are delinquent, this implies greater concern for the owner.
Despite these disadvantages, when the rental of the property is left in the hands of a real estate agent, some can be resolved or avoided, at least in the case of delinquent tenants.
