Is buying income property a good investment? 9 things to consider before diving in...
Friday, November 11, 2016
So you've been watching HGTV's "Income Property" and are wondering: Is it time for me to buy a rental and become a landlord?
You're not alone. Between our "Friends"-like economy ("... It's like you're always stuck in second gear ..."), historically low interest rates, flat-line wages and the mood of millennials to rent instead of own, income property has been on an uptick since the Great Recession.
In fact, for the first time in five years, more Americans are putting their money into investment properties than vacation homes, according to the National Association of Realtors.
Should you? Experts offer a qualified "yes," provided you do your homework first.
Here are nine things... Read More Here