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10 CONSIDERATIONS WHEN BUYING INVESTMENT PROPERTY

I recently listed a property that sold quickly to an investor-buyer. It appealed to the him because the home was in a good neighborhood and school district, had an attractive yard and could be improved upon without becoming the most expensive property on the street. There’s money to be made on investment property for rent if the rental income covers all your expenses (including mortgage, maintenance, insurance, taxes, HOA fees, vacancy allowance) and if the property has accumulated some equity when you sell it. I frequently have buyers looking for investment properties so I thought it would be helpful to list 10 considerations important in the rental investment market.

10 Considerations for Investment Property