Why would you consider renting out your house? For many people, the answer is simple, money! The average price of Bermuda homes strengthened while in the U.S. properties are continually rising. Property prices rose and incredible 5.5% nationwide. Which means it can be a better bet against inflation than simply keeping your cash in the bank. Every market is unique, but overall, housing is a stable investment.
When you’re a landlord, essentially your rent(s) can help you pay your mortgage and other associated costs. Rentals are a very lucrative return on your investment.
Contact our office today to find out more about the benefits of renting your home and any answers to questions you may have.