Rental Property purchase may not be as simple as buying your primary residence or doing a fix and flip project. It is imperative that you understand your rental market because you are purchasing a long term buy and hold asset. Just one oversight is sufficient to wipe out the prospective cash flow.
One quality rental acquisition transforms your portfolio, but you need to choose the right asset for your investment. Here are five important things to consider for a successful rental property purchase.
Rental properties are great tools for passive income but needs to be done right.