![]() ![]() You may save money on rent by taking the following actions. If you fall into the latter category, you may be keen to cut costs and put more money in the bank. ![]() Housing is the single largest monthly expense for the average American, regardless of whether they own or rent. In an ideal case, you put money down for a down payment, repairs, and necessary services, then earn rent to cover your loan payments and expenditures, with enough left over to pay off the down payment over time. Purchasing a home to rent it out for a profit can be a wise investment. How To Save Money On Rental Property For Beginners
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