Entire books have been written about finding a good rental property; which shows exactly how important it is. Buy the wrong property and you’ll never make money. Keep in mind that buying a fixer upper requires that you have the skills, time, tools and cash to make the necessary repairs. If you’re not in a hurry, this may be a way to get a bargain on your investment. If you already have a full-time job and a family, time is money, and every minute spent repairing the rental is a minute not spent on a more profitable or enjoyable activity.
Build your passion in property. Living close to your property allows you to check on it periodically. But even if you don’t live in a prime rental region, you can still invest in one by hiring a property manager/rental agency to take care of day-to-day details. Click on Packages for Landlords to find out more!
