Renting And Operating Of Self-owned Or Leased Real Estate - Residential Buildings;activities Of Holding Companies;export And Import Of A Variety Of Goods Without Any Particular Specialization N.e.c. Companies in Malaysia

There are many reasons why people rent or lease real estate, but the most common reason is that it is more affordable than owning a property outright. When you rent or lease a property, you are responsible for paying the rent or lease payments, as well as any associated costs such as utilities, insurance, and repairs. However, you are not responsible for the mortgage, taxes, or other expenses associated with owning a property.

Another advantage of renting or leasing real estate is that it is more flexible than owning a property. If your circumstances change and you need to move, you can usually do so without having to sell your property. This can be a big advantage if you are in a volatile housing market.

There are some disadvantages to renting or leasing real estate, however. One is that you do not have the same level of control over the property as you would if you owned it outright. For example, you may not be able to make changes to the property without the permission of the landlord or leasing company.

Another disadvantage is that you may not build up any equity in the property. If you decide to purchase the property at the end of your lease, you will likely have to pay the full market value, rather than the discounted price you