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Tag: Rental Property

Posted on 04/11/2021
What to Do Before Turning Your Home into a Short-Term Rental
Photo by Arek Socha via Pixabay In a bid to afford homes in high-value areas, many homeowners turn to income from short-term rentals to cover a high mortgage payment. You can benefit from this option with some caveats: Location really matters. A lot. You might advertise your home as near the coast when it’s really 20 miles inland...
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Posted on 04/05/2020
Is Being a Rental Property Owner Worth the Hassle?
Photo by OpenClipart-Vectors via Pixabay It’s only a hassle if you’re not in control. There are a lot of ways to do investment property wrong, but here are the ways to do it right so that it’s an asset, not a nuisance. Be picky about the property. While you don’t need to purchase anything high-end, always choose something...
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Posted on 02/09/2020
What Are the Risks to Rental Property?
Photo by 1000Photography via Shutterstock Investment in real estate rental properties has many upsides. You can make great money long term. But as with any business, there are risks. Before you turn your condo or townhouse into a rental or invest in a house or duplex, consider the ramifications and consult professionals. Dos and Don’ts: Do set up...
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