Besides residential rent, what are the alternative sources of income one can earn from a residential apartment building?
2007-07-06 02:52:12 · 6 answers · asked by Frank Rizzo 2 in Business & Finance ➔ Renting & Real Estate
You can install solar or wind power in your rental and hook it into your electrical system. When your system has collected more power than the home needs to use, the local electric company will buy the excess power from you. It's called net-metering. Read the article below for more information.
http://realestate.msn.com/Improve/Green/Article2.aspx?cp-documentid=4913557
2007-07-06 03:16:25 · answer #1 · answered by annazzz1966 6 · 2⤊ 0⤋
The big one is value appreciation over time. I've achieved long term gains of over 200% per annum using leveraged real estate investments. Your investment is the down payment on the property but you use the purchase and sale prices in determining gain. When compared to your original investment the return on real estate can be the highest you will ever achieve.
2007-07-06 03:32:28 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Appreciation
2007-07-06 04:26:48 · answer #3 · answered by Gengis 6 · 0⤊ 0⤋
It relies upon a great purchase on what type of apartment supplies you opt to purchase. the finest ingredient could be to pass to genuine supplies information superhighway sites (even Yahoo! genuine supplies) and look for multi-family individuals residences. those are often what human beings purchase as income residences, however you additionally can purchase some residences in greater fee-effective areas and lease those to boot (from the seems of it, the multi-family individuals places gets you a greater helpful return) And for courses that could be useful you start, maximum supplies courses are focused on assisting human beings get their first residing house that they are going to be residing in. as quickly as you get into apartment residences, you're often on your individual.
2016-10-01 00:31:53 · answer #4 · answered by ? 4 · 0⤊ 0⤋
Besides the rents, you can also profit from onsite laundry facilities and vending machines. Those quarters add up!
2007-07-06 03:19:06 · answer #5 · answered by marcella-bella 2 · 2⤊ 0⤋
You can make small amounts of money on selling ads posted, and off the wash room.
In Texas we sometimes get money from the mineral rights.
2007-07-06 03:07:21 · answer #6 · answered by glenn 7 · 1⤊ 0⤋