- Homebuyers
- August 30, 2024
What to Consider Before Buying a Rental Property
Long-term rental properties can make a lot of financial sense: You build equity while a tenant covers the monthly mortgage payment on the property.
Long-term rental properties can make a lot of financial sense: You build equity while a tenant covers the monthly mortgage payment on the property.
As we navigate the dynamic landscape of the 2024 real estate market, one thing to consider is the presence of bank-owned homes.
As you consider investing in real estate, here are a few points to consider.
Despite the hot housing market, home flipping is less popular.
Your lender will ask if the property is a primary residence, second home, or investment, with different rules for non-primary residences.
With vacation rental companies assisting, your clients may find investment properties a savvy option.
Buying an investment property can generate income, diversify assets, and offer tax benefits.
When buying a home, a fixer-upper may seem cheaper but can cost more than expected.
Property investing can be tricky, but also lucrative for the prepared investor.