A Realtor's Guide: Buying to Rent - Maximizing Your Investment Potential
Posted by Jen Dollar on
A Realtor's Guide: Buying to Rent - Maximizing Your Investment Potential
As the housing market continues to change, the allure of purchasing property as an income-generating asset has become increasingly enticing. Whether inspired by television shows or a desire to diversify investments, buying a home to rent out can indeed be a lucrative endeavor. However, it's essential to approach this venture with caution and strategic planning to ensure success. As a seasoned realtor, I'm here to shed light on how to make the best investment when buying to rent.
1. Acknowledge the Risks
First and foremost, it's crucial to recognize that investing in rental property comes with its fair share of risks. From the possibility of prolonged vacancies to unexpected…
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