Why Rent When You Can Own
Wheel Keeper Ultimate Garage Condos can refer you to lending sources that are available to discuss a mortgage for your garage purchase, or you may provide your own financing resources.
Your mortgage payment will depend on the purchase price of the unit and the rates and terms you’re able to obtain from the lending source.
And, rest assured, like any other real estate, these condos have the ability to appreciate. Owners can rent out their Garage Condos and collect rent on them while also being able to write off the property as a depreciable asset. At the end of the day, when you look at the advantage of owning an Ultimate Garage Condo at Wheel Keeper vs renting a space somewhere else, the advantages greatly outweigh the disadvantages.