Renting or leasing, which is the best option for a house owner?

[Sanusi]

Renting or leasing mmmh, i think the two are great way of earning money but for me i will prefer to be collecting the money on monthly basis, so i will go for a renting moroever it will be of good if the house owner rents his or her property rather than leasing it out.

 

[Adexgrace]

I will advise and prefer renting house out and collecting money frequently and also if the client leaves you can get another people to occupy the apartment and housing. So as not stop and disturb the flow of income and also the rate of the investment.

 

[Oliver 20]

Leasing
Leasing is a type of understanding among landowner and the occupant, where the tenure of the property is for a more drawn out timeframe, normally from a half year to 3 years. In this sort of occupancy, the rent sum is paid by the inhabitant in one single go with no choice for the landowner to settle on changes to the arrangement terms of the tenure during the rent time frame, except if and until concurred by the two players. While, tenant contracts recharge occasionally for example month-month, leasing understanding endless supply of the rent time frame.

 

[Blue house]

Leasing a lot, the both are acceptable business for a house proprietor. Renting is for an extensive stretch of time and for a house proprietor that need cash leasing will be a word of wisdom since yearly you will gather installment while renting will be once in a year or more

 

[Shahid Abbas]

For a house owner that wants to be collecting some money on their property without selling it, there are two options for him, which are renting it out and collecting a rent on monthly or yearly payment basis.
The second option is leasing out the property which is giving out the property for some period of time like 5,6 or more years depending on the agreement entered between the owner of the property and the person that wants to lease it.
These two options are great way to earn money on a property but which is the option for a house owner?

I think it is better to give the house on rent because it saves your property and you are not worried about the loss in your property, and I have also given my property on rent because it is a great option

 

[Chizfab]

They are almost the same thing and for the same purposes. What matters is that at the end of the day, you get paid. It depends if you are giving out your house either for long term or for short term. It's left for you to decide that.

 

[Hammad1245]

Renting and leasing the both are good business for a house owner. Leasing is for a long period of time and for a house owner that need money renting will be good advice because yearly you will be collecting payment while leasing will be once in 3yrs or more

Yes both are good. Because both give you profit. If we compare both than leasing may be at priority. Because leasing is a contract for a long time and you don't bother to look for people to set your house on rent.

 

[Planet408]

Leasing can be more lucrative if you have a steady patronage but if you don't have a steady patronage, that now means that you could make more money in renting. This also varies according to different locations. Just know what works best in your location.

 

[Khezo]

to me I think renting is the beSt because you'll be able to determine when you get your profit either weekly monthly or yearly so for me renting is the best I don't depend on you

 

[Adebayonle7]

Two good options and in every situation like this, you still have to choose the best of the two. Renting and leasing are great. But when you lease out a property, you have little or no say on the property for that period of time. Even if the need arises that you take over, it can't be done and if it will, it will take time and serious consideration from your customer. While renting can bring in cash for a certain period, and if anything happens, you can refund these amounts as they are not so huge as the amount you collect from leasing.

 

[Nimra Noor]

According to my opinion renting is best because in this way we can earn a bit money without selling our property and it gives us long term benefit means one can earn money till his/her house on rent every month

For a house owner that wants to be collecting some money on their property without selling it, there are two options for him, which are renting it out and collecting a rent on monthly or yearly payment basis.
The second option is leasing out the property which is giving out the property for some period of time like 5,6 or more years depending on the agreement entered between the owner of the property and the person that wants to lease it.
These two options are great way to earn money on a property but which is the option for a house owner?

 

[Ryeetar]

Renting and leasing are both good business for a house owner, but I would say leasing is more profitable because when leasing a house is not compulsory you must have finish building the house you can lease a land to an organization and they would be the one to build whatever construction they want on it for as long as you both agreed on.

 

[Bilal0087]

For a house owner that wants to be collecting some money on their property without selling it, there are two options for him, which are renting it out and collecting a rent on monthly or yearly payment basis.
The second option is leasing out the property which is giving out the property for some period of time like 5,6 or more years depending on the agreement entered between the owner of the property and the person that wants to lease it.
These two options are great way to earn money on a property but which is the option for a house owner?

I think renting the house is more preferable and profitable business because its a long time benificial business and with the passage of time, the rant will increase and your earning will ultimately be increased, so I'll suggest you to rent the houses for long term benefits.

 

[kayode10]

As for me I will go for rent because it brings passive income to my pocket every month. Listen can be too long to realise your income though you might received huge amount upfront. Rent is paid for those who use mortgage to buy a real estate property. A profitable rent will help to offset the mortgage and at the same time bring passive income into the pockets of the propertys owner.

 

[Zamaney]

Renting is better and the reason for is better is benefits of renting a home is that there are no maintenance costs or repair bills. When you rent a property, your landlord is responsible for all maintenance, improvement, and repairs. If an appliance stops working or your roof starts to leak, you call the landlord, who is required to fix or replace it.

 

[Nicklas22]

When a lease ends tenants are generally not guaranteed the opportunity to renew (unless they have a rent-stabilized apartment). Depending on the terms you and your landlord agree to, when your lease ends you will either have to vacate the apartment, start a month-to-month rental agreement or renew the lease at the same or a higher price. It’s important to read your lease carefully before you sign it so you’re clear on the terms.
Rent and leasing are synonymous

 

[Peppul]

For a house owner the best and absolute option is to lease out your house or land because you get higher returns back when leasing out that when renting out your house, a company pays more that an individual and there is always a duration to how long they intend to stay but for renting it's different entirely. When renting out a land you will have to always have to consider the fact that it's individual renting and there is a specific charge you can charge them yearly but for a company which is an organization you don't have to consider that because the place in question will be a business ground that will be bringing in profit which is quite different from when it's been rented which is for domestic living. So leasing is much better and brings in more money than renting.

 

[Aminat]

Renting and leasing are good for a house owner,and also good for lucrative business , because you keep seeing your house monthly basis,and can get back when you want to take it.

 

[Adventurer]

As far as I know and in this way it is used in my country, rent and leasing are synonymous. Therefore, they have the same purpose, which is to give a property for a certain time in exchange for an economic benefit. The landlord and the tenant sign a contract that can be for a short period or for years, depending on the agreement.

In my country rent is to renewed annually, while lease is renting out the property for about 3 to 4 years. I prefer leasing as most times it's corporate organisations like Banks and Organization that use your property and you're paid a large sum of money

 

[Sammyesx]

I prefer renting, because you get your money on a yearly basic and if probably you need your property for one purpose or the other, you can easily evict the tenant unlike in the case of lease where you will have to wait thing the year of the agreement.