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Lease-by-room, also known as individual leasing, is an arrangement whereby a tenant and their roommates pay rent for their own rooms instead of each tenant being equally liable for the rent for the whole apartment. Typically lease-by-room leases are multi-room apartments or townhomes with shared bathrooms and living rooms. What distinguishes ...
Property investment calculator is a term used to define an application that provides fundamental financial analysis underpinning the purchase, ownership, management, rental and/or sale of real estate for profit. Property investment calculators are typically driven by mathematical finance models and converted into source code. Key concepts that ...
Using The New York Times financial calculator, buying a $300,000 home can potentially save you $13,000 over 10 years rather than paying $1,900 in rent. If you increase the home price even slightly ...
In the United Kingdom, the term duplex is sometimes used by property professionals such as architects and estate agents and refers only to a flat or apartment on two floors connected by an inner staircase though many newer apartments have open-plan designs including mezzanines. The far more commonly used term is 'maisonette' meaning two ...
Railroad apartment (or railroad flat): a type of apartment in which rooms are directly linked, without hallway separation, similar to a line of railroad cars. Rooming house : a type of single-room occupancy building where most washing, kitchen and laundry facilities are shared between residents, which may also share a common suite of living ...
A studio apartment, or studio condo [1] also known as a studio flat , self-contained apartment , efficiency apartment, bed-sitter , or bachelor apartment, is a small dwelling in which the normal functions of a number of rooms – often the living room, bedroom, and kitchen – are combined into a single room. Some studio apartments still ...
Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels. "Short stay" rentals are an offshoot of the corporate housing market, [2] and are also offered by private owners and investors via online platforms such as Airbnb. [1]