4 Factors To Consider Before Investing In A Rental Property
Costs and Considerations for Rental Property Investments in Hong Kong Investing in a rental property is a great way for you to earn a passive income. This is one of the best examples of a passive income business. Even if you buy the house through a mortgage, you can use the rental income to pay for the monthly amortization of the loan. If you price the lease well, you can probably get some extra money to spend on lifestyle expenses. According to an article published on CNBC.com, the residential property of Hong Kong may be high at the moment but it will go down in the next two years. In fact, prices of homes have fallen by almost 12% in the last 6 months. This is an indication that it is a great time for preparing to invest your money in a real estate property in Hong Kong. The interest rate is expected to be low and will continue to do so – which adds to the appeal of investing in real estate. In an article published in the South China Morning Post, it is revealed that the wealth of Hong Kong is tied to real estate and
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