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Sagot :
False, by including an exonerating clause in the lease, a landlord can avoid being held responsible for accidents that take place on rental property.
Homes bought by an investor and leased to tenants under some other form of rental agreement are referred to as residential rental property. The term "rental property" refers to a piece of residential real estate that a borrower owns outright or acquires, as well as all improvements thereon, as well as all other rights, benefits, and earnings derived from or related to such property. Typically, a rental property should have a ROI of more than 10%, while 5% to 10% can still be considered appropriate. Due to the up-front costs of home ownership, however, the ROI might be lower in the first year. Fixer-uppers typically have a lower list price than turnkey homes, which can result in greater upfront savings.
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