Buying an income property for rental purposes is still one of the best investments, and it can eventually bring you financial freedom if you repeat the process. Of course, owning such a property is not enough to break the bank. You need to do the calculations and verifications necessary to ensure that your property is […]
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Do Not Forget These Expenses in Your Profitability Analysis
When investors search for deals on the Internet or elsewhere, they can be fooled by property descriptions deliberately left empty by advertisers or brokers. Many expenses are left out because, let’s be honest, we would reject many properties right off the bat. That being said, you need to analyze all the recurring expenses to accurately […]
read more...6 Tips to Rent Your Unit
Income property managers often worry about vacant units. It is normal to have a few, and, at times, they are welcomed with open arms (you have time to repaint them and bring them up to date). Still, having too many can put you in the red because the income is largely cut off. That being […]
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