Many people consider renting out property as a steady, passive income stream. After you purchase the property, you find tenants and wait for them to pay your mortgage (if any), then enjoy your extra profit. While being a landlord can be lucrative, it’s not for everyone. Beyond the initial investment of purchasing a home, you […]
5 Things You Need to Know Before Becoming a Landlord
Many people view real estate as an excellent source of passive income. Once you put up your initial investment – in other words, once you buy your rental property – all the rest is just gravy when your tenants start writing you a rent check every month. While some people have had significant financial success […]