Rules for houses in "monopoly"?

Question

I was wondering, in the game "Monopoly", what's the point of buying houses or hotels? Does rent go up when you own houses? If so, then how much is the rent? And what does mortgage do?

Answer 1

1) When you buy houses your rent goes up a lot. With hotels, even more. The rent goes up differently on each piece of property. Look at the property's card to see how much it costs to buy hotels/houses and the rent is.

2) Mortgage is when you need to sell your properties. You get the mortgage money from the bank.

Answer 2

WHEN YOU BUY HOUSES OR HOTELS, IF SOMEONE LANDS ON IT THEY OWE YOU A LOT MORE MONEY. THIS IS THE BEST WAY TO WIN THE GAME. THE RENT DEPENDS ON WHICH PLACE YOU PUT IT ON (LOOK AT THE FRONT OF THE CARD AND IT WILL TELL YOU). IF YOU SELL YOUR PROPERTY, THE MORTGAGE IS HOW MUCH YOU GET.

Answer 3

The point of buying houses and hotels is to build your property up so when someone lands on your property they have to pay more to stay there.  Rent does go up when you look at the front of the card at the bottom of the card it will tell you how much houses cost, and how many houses you need to get a hotel.  If you look further up on the card it shows you the rent depending on how many houses you own for one house look across to see what the rent would be.  If there are no houses or hotels the rent is ontop of the rent for houses.

Answer 4

In the classic pre-electronic monopoly game, the amount the rent goes up is printed on the deed cards.  The mortgage is paid for in the price of the house--$50 to $200 depending on what street you build on.  

For strategy purposes, you get the most bang for your buck with three houses.  Put three houses on every property you have a complete set of first (though you don't have to wait until you can afford all those houses).  Just don't build the fourth house or the hotel until you have three houses in all of your complete property sets.  And don't hurt your cash flow--you only get back half what you paid when you tear down a house, so be sure you can still pay your rent when it is your turn to roll.

Answer 5

you can have up to 4 houses (the fifth is a hotel) one hotel per property, you can only buy houses if you have all the property of that color. there is no max to how many you can have but there is a max to how many are in the box. rent goes up based on how many houses you have and on what property