How to Invest In Real Estate: The perfect beginner's guide to creating wealth and passive income without making mistakes by Robert Waller

Author:Robert Waller [Waller, Robert]
Language: eng
Format: epub, mobi
Published: 2019-04-22T04:00:00+00:00

Townhouses and Condominiums

Townhouses and Condominiums are types of properties that are also real estate investments to rent. However, the two have differences. The details will tell you what those differences are.

Townhouse

A townhouse is a style of construction. The land and the building are owned by the investor of the property, similarly to a single family home. However, there is a difference between the townhouse and the single family home. The single-family home is totally detached from any building not on the property (except for an attached garage), while the townhouse is not totally detached, freestanding and separate. The townhouse is attached, and a common wall is shared with an adjacent townhouse. Only the front and backyard are owned.

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