The True Hidden Costs of Renting and Keeping a Home Running
2 months ago
9
Finance
bad property management
curb appeal landscaping
maintenance followup
maintenance request management
maintenance request response
property management office hours
property stewardship
rental property best practices
rental property management best practices
resident meetings
The first and most obvious benefit is being able to divide the cost of the monthly rent by 2, 3 or even more. The median rent in the US for a studio is currently $1,445. For a one-bedroom, it's $1,642 and for a two-bedroom, it's $1,948. And these rents don't include the monthly costs of electricity gas cable internet or insurance all of which is required to keep a home running whether it's a rental or not.
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