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Showing posts with the label Home-rentals

A Contradiction or a Truism?

"Play it safe; take a chance." At first glance, this statement may seem to be contradictory, but it is absolutely true that the person who won't take a chance hasn't got a chance.

For example, when you invest in the stock market, you are taking a chance. There is risk involved. But historically speaking, if you invest sensibly and go for the long haul, your returns will be consistent and appreciably larger than those you would receive from an interest-only deposit.

Homeowners take chances when they rent their homes because most tenants will not take care of a home as conscientiously as the owner of that home. However, any real estate agent will tell you that it is a far greater risk to leave the home empty because it deteriorates much faster empty than it does when it is occupied. After all, homes are built to be lived in.

The ship that leaves harbor runs certain risks because of currents, possible storms and potential collisions with other ships -- all of which can cre…