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Being a landlord seems like a pretty sweet gig. You own a property. You find a tenant willing to rent it from you. You collect monthly income from them, cover the expenses, deal with a few repairs now and then, and enjoy ongoing profitability without much ongoing effort. Of course, we all realize there’s much

Investing in rental property can be a passive, yet highly rewarding way to make money. You collect rental income, use it to cover all your expenses, and keep the rest as profits. Simple, right? So why don’t more people tap into this real estate investment strategy? The short answer is that not all rental properties

Buying a house for the first time can be extremely exciting. This is your opportunity to choose and customize your living space. It’s your chance to finally get a stake in the real estate market. And it’s a way of both showcasing and building on your financial success. Unfortunately, buying a house for the first

If you’re buying a house, and you’re not paying all in cash, you’re going to have to take out a mortgage loan to finance the purchase of the property. Before you can take out that loan amount, you’re usually required to submit a down payment – and you’ll have the independence to choose what type

In a hypothetical model, a property owner should be able to generate positive cash flow with a rental property in an attractive neighborhood. If your total monthly expenses amount to an average of $2,000 per month, you should be able to charge more than $2,000 a month in rent, ultimately making it a profitable property

One of your biggest priorities as a landlord is going to be keeping your rental property occupied. When the property is vacant, you’ll want to fill it as soon as possible. When the rental property is filled, you’ll want to keep your tenants for as long as you can. That’s because an unoccupied rental property