Know how to tell a smart purchase from a risky investment.
Real estate investments can be challenging, but also very rewarding. Passive income, stability, return on investment, tax benefits, appreciation – the financial advantages of hold-to-rent real estate can’t be denied. Understanding what type of investment property you’re looking for and who your target renters will be is essential in delivering a desirable product to the rental market.
Focus on these five critical criteria when shopping for an investment property to ensure your money works for you.