income property

Landlord's revenue source

Income property is real estate purchased primarily to generate rental income rather than for personal use.

The term covers residential rentals like apartment buildings and duplexes, as well as commercial spaces leased to businesses.

They bought a duplex as an income property to supplement their retirement.

The appeal lies in collecting rent while the property potentially appreciates in value.

Related

cashflow · equity · appreciation · mortgage · passive · real estate · real estate investor · investment · apartment · duplex · multi family · commercial · residential · vacancy · rent · portfolio · ROI · deed

Categories
Opposites
purpose of ownership

income propertyprimary residence

Main place of habitation

principal residence · family home · vacation home · second home · homestead

financial outcome

income propertymoney pit

Endlessly expensive undertaking

liability · cost center · vacant property · abandoned property

Family

income, property, come, comes, coming, incomes, properties, proper, properly

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Concrete · Rated G