Interior. Thursday , December 28th , 2017 - 05:34:42 AM
Even though there are such kinds of apartments willing to grant approval to problem tenants, these apartments will nevertheless demand that those tenants fulfill a few basic requirements. One of them is being on a job at least six months. Some apartments will ask for a hefty deposit depending on the individual leasing office. Others will ask for three months of rent in addition to the deposit. One must also earn at least three times the amount of the rent.
Many property investors also prefer investing in furnished apartments as they are often leased for shorter periods. As a landlord, this gives you ample flexibility. This a definite advantage if you are keen on using your apartment for vacations or other purposes. Furnished apartments also tend to attract better tenants. This is highly likely if you own a property in a city centre and acquire professionals as tenants. These tenants are less likely to damage your property.
Additionally, furnished properties offer higher yields compared to unfurnished properties. The main reason behind this is that tenants are more than willing to pay more in exchange for convenience. Furthermore, short-term leases are (more often than not) not covered by traditional leases and regulations which apply to longer leases.
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