Breaking Down of Rent
There is a lot of misinformation out there about landlords and profit margins from their investments. Today’s infographic from the National Apartment Association rightly calls supposedly large profit margins a “misconception” which is why they chose to explain where $ 1 of rent really goes. Indeed……Stay safe & healthy and have and Happy Friday!!
“From property taxes that finance schools, emergency services and other local needs, to investor returns that include public pensions and 401(k)s, as well as the dollars put back into the apartment community to ensure quality living for residents, a rent payment is much more important than one might otherwise realize.“