Which of the following real estate investments involves joining a rental investment club and splitting profits with other club members?
A.
Flipping
B.
Renting
C.
Remodeling
D.
Leasing through REI
Answers
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19
The correct answer is Leasing through REI .
The Real State Investment that involves joining a rental investment club and splitting profits with other club members is Leasing through REI.
In simple terms, a Lease is a contract where an owner agrees to rent property to another person. The Lease gives the right to the person renting the place, to use it for the time described in a contract. The person who rents must give payments on a regular basis until the duration of the term. It could be months or years. In the contract, the owner represents the “Lessor”, and the person who rents represents the “Lessee”.
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Answer:
Answer (D) pless follow me
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