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Many budding landlords find themselves believing that a rental property is less risky than owning other types of real estate. As a more long-term option, with consistent income, surely there is very little in the way of risk that can come from other real estate investments. This is a mistake
Before you invest in rental property, make sure you understand the full expenses that come with it. Many investors just look at the profits – the difference between the price they can buy and sell the home for. What about the ‘in-between’? If you keep the property and rent it
Rental properties are great real estate investments due to their ability to offer low risk and high reward in terms of income. For the most part, any property can be converted into a rental property. New investors who are considering becoming a landlord, know that they want to invest and
The 1% rule is a calculation that investors can use to estimate the rental income of an investment property. The rule suggests that if you want to work out the expected rental income of a property, you can simply multiply the property price by 1% for a quick approximation. Jump
Are you trying to decide if investing in a rental property makes sense? Do you want a magic number that says ‘yes, this makes sense’? Unfortunately, there is no such number. How much you should make depends on your expenses, goals, and the area’s real estate market, as well as
If you’re like most investors, you own a rental property to make a profit. They often earn cash flow as long as you can keep them occupied. The property may also appreciate leaving you with a nice profit when you decide to sell. Before you sell the property, though, you’ll
With the current COVID-19 outbreak, real estate markets across the country have been seriously affected by the lockdowns. This has left many investors wondering whether to buy real estate this year if they can even be sure that they will have the finances available. The next question is where to
The world is facing new circumstances amidst the outbreak of COVID-19, and all industries have been affected as a result – including real estate and, by extension, rental properties. The spread of the coronavirus has caused lockdowns throughout the US and across the globe, impacting landlords and tenants alike. In
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