How to Ensure Your First Real Estate Investment Property Is a Profitable One

By: Natalie Jones

Diving into the business end of real estate investment is challenging and exciting, but before you go too far, there are some aspects you should consider. From selecting a property to running it, if you don’t start out on the right foot, your dream could quickly become a nightmare. Here are some resources to help ensure you achieve the results you want.

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Examine the Current Market

The Steady Rise of Renting

Vacation Rentals: USA Statistics Indicate Steady Growth

125 Best Places to Live in the USA

The 25 Most Popular Travel Destinations in the US

Draw the Right Renters

How to Identify a Target Market for Your Rental Properties in 5 Steps

Pros and Cons of Renting To College Students

How to Screen Potential Tenants – Questions, Credit & Background Check

8 Key Factors to Consider When Renting to Elderly Tenants

Your Particular Property

Browse Up-to-Date Listings for the Home You Want

Amenities Tenants Look for in a Property

5 Tips To Make Your Vacation Rental Stand Out!

Tools and Contacts to Keep Handy

Your Local Professional Real Estate Team

Top 15 Apps for Private Landlords

A Landlord’s Guide to Finding and Managing Property Managers

Understanding the Business

IRS: Tips on Rental Property Income, Deductions, and Recordkeeping

How to Start a Rental Property Business From Scratch

Register as an LLC to Protect Yourself from Litigation

The last thing you want to do is lose money with your new venture. Whether you’re embracing a new career as a property manager or ready to enjoy passive income, there is a lot to consider. With the right planning and resources, you can look forward to a profitable undertaking.

Published by Keegan Riley

Financial Analyst turned Entrepreneur.

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