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You’ve got two choices as a real estate investor: manage your own properties or hire out the service to a property management company. Both options are valid, but the option that’s correct for you will depend on various circumstances. Here’s an exploration of 8 pros and cons to self-managing rental properties: 1. Self-management will save

Rental properties can make for excellent investments. Not only do they increase in value over time, but they also produce steady cash flow. However, there’s a big difference between a low-maintenance, turnkey property and a property that needs its hand held every step of the way. Learning how to differentiate between the two before investing

Sharpen Your People Skills and Be Successful People skills are important in every aspect of life, but certain professions demand more of you in this area than others. While a desk job – such as an accountant or software developer – might not require a whole lot on this front, landlords and property managers must

You’re probably well aware that the compounding nature of traditional retirement accounts, such as 401(k)s and IRAs, can make anyone wealthy over time. Even maxing out a Roth IRA each year (and nothing more), can make you pretty comfortable in retirement. But if you want to retire early, live out all of your dreams, and

If your home won’t sell and you’re considering renting, you’re not alone. Plenty of people switch from homeowner to landlord when unexpected circumstances arise. Peggy Abkemeier from Rent.com told Time, “We’re finding that a lot of people have houses that they would have sold and now need to rent. The demand is there. One out

Rental property is one of the best investments you can make, and on paper, it seems pretty easy to get started. All you have to do is buy a property, pay a flat mortgage rate, and collect rent in excess of your mortgage payments, right? In reality, being a landlord is much more complicated. You’ll