Buying Rental Property

Many people hope to one day purchase a rental property. The dream is to supplement their income by renting out a second home to perfect tenants. Now that you can afford to purchase a second home, you will be able to get tenants into that home, they will pay your mortgage (plus a little more if you plan well), and you will become financially independent, right? It is not that simple and tenants are rarely perfect. If you hope to become a responsible investor, you must be willing to do your due diligence before making a purchase. This article addresses some key topics for careful consideration before buying a rental property.

https://blog.personalcapital.com/investing/what-you-need-to-know-before-buying-rental-property/