Jasz
VIP Contributor
The Top Six Rental Property Investment Tips:
1. Invest in properties that are in good areas and have a good rental history.
2. Rent to families, young professionals or couples who are starting out in the world and want to move into a nice house either with or without kids.
3. Make sure you have enough money to cover your mortgage payments and other expenses such as property taxes, maintenance fees and insurance premiums.
4. Make sure you're comfortable with the area you're buying into before making an offer on a property because it could affect your cash flow later on down the line if you decide to sell or rent out your home later on down the line.
5. Consider paying for improvements when buying a rental property such as landscaping, painting and new appliances so that it looks nice for potential tenants when they come looking for their next home!
6. Use an agent (if you don't already have one) so that they can help with finding tenants for your rental properties for free, which will save you time and money in the long run because there aren't any hidden fees involved like other agents may charge their clients when helping them find tenants for their own properties too.
1. Invest in properties that are in good areas and have a good rental history.
2. Rent to families, young professionals or couples who are starting out in the world and want to move into a nice house either with or without kids.
3. Make sure you have enough money to cover your mortgage payments and other expenses such as property taxes, maintenance fees and insurance premiums.
4. Make sure you're comfortable with the area you're buying into before making an offer on a property because it could affect your cash flow later on down the line if you decide to sell or rent out your home later on down the line.
5. Consider paying for improvements when buying a rental property such as landscaping, painting and new appliances so that it looks nice for potential tenants when they come looking for their next home!
6. Use an agent (if you don't already have one) so that they can help with finding tenants for your rental properties for free, which will save you time and money in the long run because there aren't any hidden fees involved like other agents may charge their clients when helping them find tenants for their own properties too.