The idea of purchasing a property and having renters can be an exciting business venture that offers lucrative financial rewards. However, there's a lot involved in being a successful landlord and it's important to be aware of what's required before making the commitment. Whether you're investing in one rental property or five, here are some questions you should ask yourself before getting involved. Can You Do-It-Yourself? There's a lot more to being a landlord than taking the rental check, and … [Read more...]

It's great news if you have enough financial capital that you have the option of investing in a rental property, but being able to afford it is only half the battle. Since you'll need to find and keep the right renters in order to make a profit, here are some ways that you can ensure your property will be a financial benefit. Price It Right It's important to turn a profit, but overpricing your property may mean that you'll have limited options. Instead of making it a guessing game, take a look … [Read more...]

Making a home purchase in a neighborhood that is sure to boom in the coming years can be a great real estate investment, but guessing on the next trendy locale may seem fraught with risk. If you're trying to determine which area will be up and coming down the road, here are some telltale signs that buying may be a benefit to your bank account. Full Of Creative Energy Many bohemian areas are popular because of their lower rental and purchase prices, but a locale with plenty of artists and … [Read more...]

Entering into the real estate market requires time and monetary commitment. Depending on the purpose for purchasing rental property determines whether one should invest in a single family or multi-family dwelling. In either case, one should prepare short or long term goals, be cognizant of his or her financial health and monetary comfort zone, and conduct a comparative market analysis before considering a real estate investment. Short Term Versus Long Term Investments For investment … [Read more...]