For years I’ve cautioned real estate entrepreneurs regarding the perils of buying condos as rental property investments. As with any type of property investment, there are strategies and situations that can make condos either good investments or financial disasters. Let’s look at the pro’s and con’s of adding condos to a rental property portfolio so […]
Getting Into The Rental Property Business: Part 3 – Launching
Ready to launch your rental property business? In Parts 1 and 2 of this series, Considerations and Planning, we questioned our motivation for getting into the rental property business, took stock of the resources we have available and looked at the basics of planning our operations. With our thoughts and resources aligned, we’re ready to put our plan […]
Getting Into The Rental Property Business: Part 2 – Planning
Welcome to Part 2 in my series about getting into the rental property business. In Part 1, Considerations, we asked ourselves questions regarding our motivation for getting into the rental property business and took stock of the resources we have available to help us do so. In Planning, we’ve made the preliminary decision to move forward […]
Getting Into The Rental Property Business: Part 1 – Considerations
So, you’re thinking about getting into the rental property business? We’ve heard many times: More wealth has been created through real estate investment than almost any other industry. Starting small with residential rental properties, such as single family homes we own and manage, is a great way to build wealth while developing skills and strategies […]
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