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Some of the best investors in the world talk about how diversifying their investment portfolios with real estate was the best thing they ever did. It’s encouraged thousands of everyday people to adopt their own real estate investments, and many have gotten rich off the prospect.

Many investors are dabbling in real estate to diversify their portfolios and build wealth. It’s a great strategy if you know how to find rentals and keep them filled. When you’ve examined the processes and determined that you’re ready to dive in, you’ll look for a property that you can turn into a rental.

As a landlord or property manager, you likely find yourself inside your tenant’s home at least a few times a year. There are annual inspections and the occasional maintenance call. Maybe you’ve promised to make an upgrade, like installing a new stove, or you want to check the smoke detectors. Such visits are part of

If you’ve ever lived in a large apartment complex, you likely adapted to a particular rhythm: each year, as your lease came up for renewal, you’d also face a rent increase. To continue living in the property, you would be expected to pay more, supposedly to keep up with inflation.

In a perfect world, every tenant would be the real deal. Everything they put on their rental application would be true and you wouldn’t have to worry about excuses for late rent or lies about what’s happening in your property. But in case you haven’t figured it out by now, this isn’t a utopian society.

Real estate investing doesn’t fit into the mold of a traditional business. Generally speaking, it’s not the kind of business where you have standard 9-to-5 hours, cubicles, breakrooms, and rigid HR policies. Whether you’re wholesaling land or renting out single-family properties to tenants, your business moves to the beat of a different drum. Having said