Tag Archives: income property

It is often said, and with good reason, that real estate is an excellent investment and a good way to build wealth.

Buying rental property with your friends is a business deal and, as with any business deal, there are issues that should be considered before taking that step. Below are 5 keys to buying rental property with friends. 1. Be sure that your friends can be relied on. Entering into a partnership with friends who are not dependable or do not follow through with promises may not be your best choice for purchasing a rental home with. 2. Discuss how much you can collectively afford to spend on a rental property […]

One of the main challenges affecting new investors nowadays is actuality maintaining the property. Before buying an investment property you might want to consider whether or not you have the time and ability to be a “hands on landlord.” Handling the management of your investment property personally might sound like a good idea but it is actually a venture that takes a lot of time and effort and in fact many new investors realize quite quickly that dealing with tenants and maintaining properties is actually a full time job. A […]