30/10/2014
Rental Property Investment Tips
Never buy an investment property with an emotional attachment. Review the property with objectivity and a critical eye. What are the positive characteristics? Where is the location? Always consider resell, property values and appreciation. Is it suited for young adults, or a family? What amenities are near the home to attract the right tenants? Rent your properties for a reasonable amount, even if you have to take a negative cash flow. If rent is too high, the potential tenant might decide to buy or rent an apartment as an alternative.