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06 Mar

Are You an Investment Property Novice? This Resource List Could Prove Invaluable to Your Purchasing and Management Goals

Are You an Investment Property Novice? This Resource List Could Prove Invaluable to Your Purchasing and Management Goals

If you’re new to real estate investment, the concept of buying and managing a property might be overwhelming—and for good reason. The truth is that owning a rental property comes with challenges and risks. But if you know what you’re getting into and prepare yourself for good decision-making, then being a landlord can turn out to be a lucrative and enjoyable investment. The resources listed here might prove quite valuable if you’re a novice looking to build your real estate investment portfolio.

 

Buying an Investment Property

From saving up for the down payment to choosing the property to closing the deal, here are some resources to help you through the buying process:

 

Earn Extra Cash As A Landlord—How To Start Saving Up For Your First Rental Property

The Complete Guide To Investment Property Mortgages in 2020

How to Get a Mortgage for a Rental Property

How to Pick the Right Real Estate Income Property

 

Closing Day: What a Buyer Needs to Do and Bring

 

Getting the Property Ready for Renters

Once you have your rental property, you will need to make it stand out among the competition:

 

How Landlords Can Create the Perfect Rental Property for Tenants

Fixing Up Your Investment Property for Rental Income: Where to Splurge, What to Skip

Low Maintenance Landscaping for Rental Properties

10 Issues to Address Before New Tenant Move In

6 Tips to Help You with Marketing Your Property for Rent

 

Managing the Property Long-Term 

In order for your rental property to be lucrative, you need to plan for long-term success:

 

8 Best Tips for Home and Apartment Cleaning Between Tenants

Benefits Of Hiring A House Cleaning Service

How to Properly Maintain Your Rental Property

How to Determine Rental Amounts

6 Advantages to Hiring a Property Manager (& Why I Wish I Did Sooner)

 

Don’t let the challenges and risks keep you from getting into real estate investment. The key is to understand those challenges and risks and to prepare as well as you can before buying your first property. Continue to learn as much as you can about purchasing and owning a rental property, and you will be more likely to see a good return on your investment.

 

 

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