Looking to build wealth through real estate investing?

 

Buying a rental property can be a great investment and a fun project that can be enjoyed long term.  Here are a few things to keep in mind about getting into rental investment purchasing.

 

  1. Have a goal and work towards it with a team of professionals.  Owning an investment property requires smart planning.
  2. Find a great property.  Use a knowledgeable rental agent who knows your area’s rental market and can help guide you in selecting the perfect investment for your goals.
  3. Figure out your return on investment.   Make sure the numbers make sense and that you have room for repairs and maintenance.
  4. Get an inspection. If you are planning to renovate, know your options and possibly bring a contractor with you to help with estimating repairs.
  5. Find a great property management team.  Managing a rental can be time-consuming and stressful, choose a team that has experience and who can help you provide a great professional experience for your rentersReal Estate InvestingScreen Shot 2018-06-27 at 4.58.22 PM

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