Tips on Being a Landlord for the First Time Rental Property Owner
On paper, being a landlord may look like an easy task. After all, you just simply purchase a property in a nice area, find a tenant, and let the income start rolling in. Right? Well, not exactly. Although the process can in fact be broken down in to manageable steps,...
Considering the Purchase of Rental Property? Don’t Let the Concept Be Intimidating
For years, the concept of purchasing real estate has increased the wealth and financial security for many people. After all, “they aren’t making any more land.” But, while owning investment property – and specifically rental property –...
How Much Down Payment Should You Put Down When Buying a Rental Property?
While you may be familiar with the adage of putting 20 percent down on a personal residence in order to avoid paying the additional PMI (private mortgage insurance), when it comes to the purchase of rental property, how much is typically needed as a down payment? The...