Photo Credit: Pexels
Guest Article by Tina Martin IDEASPIRED.COM
All savvy investors know that a diverse portfolio is an important step toward financial success. However, many people overlook the potential in rental real estate. Not only does this kind of investment give you a piece of property you can sell at a later date, but it also means regular income in the meantime. Is real estate investment the right next step for you? Susan Durfee with Coldwell Banker Realty offers the following resources if you’re thinking about taking the leap.
A Good Fit
What Type of Rental Property?
Affordability and Financing
The Business Side
Drawing In Renters
Don’t Forget the Upkeep
Investing in rental real estate is a strong way to diversify your investments, but it isn’t right for everyone. Carefully consider whether you’re willing to take on the work of managing and maintaining a property before you dive in.
If you decide it’s a good fit for you, turn to Susan Durfee with Coldwell Banker to find the perfect place for your first real estate investment venture. Call 850-449-0647 to make an appointment today!