The average single-family dwelling landlord is subsidizing someone; rents are usually below actual carrying costs (maintenance, etc) and most landlords would be better off selling.
It’s one of the reasons banks and companies aren’t in the single family rental business.
The main thing that covers for it is property appreciation - the rent is used to just offset carrying costs while you wait for the property to go up in value.
It’s one of the reasons banks and companies aren’t in the single family rental business.
The main thing that covers for it is property appreciation - the rent is used to just offset carrying costs while you wait for the property to go up in value.