What happens if a property owner is absent?
J. Lucky Henry breaks down absentee owners in today's Real Estate Explained video.
What is an absentee owner?
This refers to a property owner who does not occupy or manage the property.
While that term may seem negative, it really is not.
Typically absentee owners are purchasing properties as investments. This is particularly the case when buying properties where owners want to create rental income.
There are pros and cons to absentee ownership. Check out the full video and drop a comment to let us know your thoughts.
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