When you're in charge of a rental property or community, much of what you do every day focuses on making your tenants happy. Impressing current tenants retains long-term renters and pull in potential new occupants, thanks to positive online reviews.
In this article, we will look at the most important differences which you should keep in mind when deciding whether to buy an investment property in a major city or a small town.
Deciding when to sell, on the other hand, is more complicated. There are dozens of good reasons to sell, some of them related to big picture market conditions, while others are more personal.
Whether you’re a first-time homebuyer or seasoned landlord, you likely want to maximize the return on investment (ROI)—a.k.a. profit—on your rental property as much as you can.
Despite a slight stumble last year, the American economy is still strong. With both unemployment rates and interest rates remaining low, now seems like a great time to start looking into rental investment properties, right?