The empty house or condo is a situation that many OFWs face. Lured by property agents, some of our OFWs end up acquiring their “dream” homes through big ticket housing loans with the hope that this “investment” will generate regular income for them through long-term rent.
Unfortunately, many of these hopes do not translate into money right away. Leaving the house unoccupied for several months or even years.
Imagine the monthly amortization you are paying plus the other expenses and costs that incurs regularly since purchasing it.
So if you have a tenant who has just moved out and for whatever reason there isn’t a new one moving in, what can you do as a landlord to make money from your empty house? Here are some of my recommendations.
Continue reading How To Turn Your Empty House or Condo Into A Money Making Machine
