- INDUSTRY NEWS -
ask if housing is affordable or not.
Don’t forget to look at commuter cities as well.
The cities that feed into a larger metropolitan
area where job growth is picking up can
provide great long-term investments.
These houses, while still on the affordable side,
can still be great rental investments for you.
However, just because the rental market is a
good idea and can create some great passive
income and tax advantages, it doesn’t mean it’s
right for you.
What if you don’t like people, dealing with
problems, aren’t handy and don’t want to be a
landlord or deal with the headaches associated
with it?
You know what problems I’m talking about too:
• Tenants being late on rent
• Evictions
• Trashed properties
• General maintenance
• This list can go on
Of course you could hire a property manager
that would take care of most of the challenges
of owning rentals.
HERE’S WHAT REALLY SAVVY
INVESTORS DO WITH THEIR RENTAL
PROPERTIES.
They turn around and advertise their houses
for sale on a lease purchase or lease option.
This way they’re able to:
• Collect upfront down payments
• Have monthly cash-flow