Absentee Landlord
Definition of 'Absentee Landlord'An individual or entity that rents or leases real estate to another party, but does not reside on the premises. An absentee landlord could be anyone from a local investor to an overseas conglomerate. Regardless of the size of their operations, absentee landlords generally seek to generate rental income from their holdings. Absentee landlords with substantial holdings usually employ management companies to maintain their properties and collect rental payments. |
|
Investopedia explains 'Absentee Landlord'Absentee landlords are the norm, rather than the exception, for commercial properties. The term "landlord" may indicate that the individual or entity's real estate holdings are likely to be sizable. An absentee landlord may also have a long-term perspective with regard to real estate investments, with ongoing rental income rather than capital appreciation being the primary investment objective. |
Related Definitions
Articles Of Interest
-
A Tax Primer For Homeowners
Go beyond interest and find out how mortgage points affect your taxable income. -
Mortgages: How Much Can You Afford?
Answering this means number-crunching as well as factoring in other considerations and expenses. -
The REIT Way
Ever considered investing in real estate? Read about the REIT and see if it's the investment for you. -
Simple Ways To Invest In Real Estate
Owning property isn't always easy, but there are plenty of perks. Find out how to buy in. -
To Rent Or Buy? The Financial Issues
Thinking of buying a home? We look at the initial and ongoing costs as well as the so-called benefits. -
Investing In REITs Instead Of Property
Learn why this one particular REIT is a better investment than holding physical property in your retirement portfolio. -
Should You Add A Securities License To Your Qualifications?
Clients love planners who sell securities, but a securities license takes a lot of work. Learn if the stress and study are worth it. -
There Are New REITs On The Horizon
For investors, the surge in new REIT activity is providing some pretty interesting dividend opportunities. -
The Best Way To Buy Silver
Discover whether ETFs or physical bullion is the best way for investors to get exposure to silver. -
The Riskiest Investment Moves for Retirement That Could Pay Off
Before incurring additional risks in your retirement portfolio, be sure to understand the alternatives and the consequences of your strategy.
Free Annual Reports