Smart investors do a lot of research before investing in rental property. They know that you make the money when you buy and not when you sell.
I know, because I'm on that journey as well, and I want investors who come to "Investing in Property Rentals" to avoid the mistakes that can happen when you aren't armed to the teeth with information.
"Does that mean I should know everything before I put my money down?", you ask.
No! If you tried to know everything about property investing, you'd likely never get started doing it. And really, the whole point of this is to get you started: on the road to success, satisfaction and financial freedom that investing in rental property can bring!
There are hidden traps that rental property investors can slip into if they aren't alert. Questions to ask real estate agents when buying and selling a property, and questions to ask owners and even tenants before and after your purchase, just to make sure that you don't put all your hard-earned money on one rotten apple.
I don't want to scare you!
Quite the contrary: Investing in rental property can be one of the most exciting and fulfilling pastimes (or professions, if you choose to take it that far) you can take up, because you get to see results. You often get to see happy faces on tenants and buyers too. Investing in rental property can take you to places you've never thought of, and make them especially interesting, as you start to see the potential everywhere you look.
In these pages, I am going to try to add more and more information and resources to help you along the road to success. As a designer and an investor myself, I've seen and heard quite a bit! From cautionary tales, to renovating and budget-shaving tricks that help you get the most out of your rental property and - yes - even your tenants, without breaking a sweat!
Well, in the case of a renovation, there'll be a bit of sweat involved, but it'll be worth it!
There's a lot to get through, so read on!
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