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Q.

What is the purpose of renting a house?

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1

3 Year

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0 2022-11-25T10:34:53+00:00

Hey there

My brother is an engineer and got a job in Mumbai while we stayed in Delhi. Now it was not possible to buy a house in Mumbai just because he has got a job there right? The job was providing him with several facilities and a good salary as well so he agreed to live there in a rented house. Some of the benefits of living in a rented house are:

  • Easy to shift or move out anytime

  • Rental expense is usually lesser than owning a house and paying EMI

 

Now looking from an owner's perspective also it seems a very good option to rent a house. He or she can have

  • An extra source of income from it

  • His/her property will be taken care of by the tenant only

  • Properties with multiple rooms will invite multiple tenants so the security of the property will get ensured as well

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