Before you think about buying, you want to be able to pick the right rental property. Selecting your rental property carefully can save you so much money in the long run. Along with that, it can save you a lot of extra repairs and all sorts of nagging problems.

Always remember location is your number one priority. No matter if its with rental properties or dealing with buying homes. When you select your rental property with care look for rental properties were people need to live, such as around colleges or within easy access to parking, highways, and public transportation.


You must do your best to avoid areas with a high crime rate. An area with a high crime rate will not only reduce the marketing value of your property but also scare away the better tenants leaving you with less desirable tenants who are more likely to damage your property or skip out of paying rent. I'm not saying thats alway the case but it's possible.

Always keep it simple starting out with rental properties. Start with single family homes, duplexes, and four unit apartment buildings because these properties provide the ideal combination of size and manageability until you're ready to take on bigger properties.

Larger apartment complexes might be more profitable, but they can be difficult to manage for someone just getting started in real estate investing. Most of the time starting off larger will work if you're partnering up with someone else with the same desires as you.

You must watch out for buildings made up primarily of one bedroom apartments because they attract single people which generally translates into a much higher turnover rate. Every time someone vacate your property, you have to clean the unit, including the carpets. Sometimes you have to replace the carpeting and repair appliances.

One bedroom apartments can also be more tough to rent because people are generally willing to pay less by sharing a two bedroom apartment. Vacancies are a cost that you don't pay for directly, but you lose whenever the unit stays vacant. When you're investing in real estate just make sure you select your rental properties with care and save yourself problems in the long run.

By: Corobo

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Colon Bolden is a full time internet marketer who works with other industry leading internet marketers from around the world. He specializes in helping others succeed in marketing online home businesses. For more information on continuous ways to profit other than the same traditional way, visit www.wenetprofitsglobal.com

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