There are two kinds of investors: those who make a high return on investment, and those who make a low return on investment. It’s important that you realize the importance of making a high return, and identify exactly how to make a high return on your rental property.
Before you purchase a rental property, you should thoroughly assess not only the property, but also the neighborhood and the market. One thing to consider is the possibility of natural disasters, including if the home is located in a flood zone.
Although you might think the topic of leases is rudimentary, having an accurate lease is an important part of any rental property investing business. If you want to create passive income and cash flow, there are certain mechanisms you'll want to have in place.