People invest in rental properties for a variety of reasons. Income from an investment property can be used to supplement immediate cash flow, or as a retirement strategy. No matter what the reason, it is important to understand both the risks and rewards of investing in a rental property.
Before taking the plunge, here are a few things to consider:
Do You have Enough Available Cash?
Generally a rental property should rent for about 1% of its value. If you are able to gross that, rentals can p... read more