My focus the last year has shifted to identifying and purchasing rental property. I’ve always wanted to try my hand at being a landlord, but different fears kept me back:
- what if I can’t rent it?
- it will be too much work
- what if tenants wreck the place?
A combination of decreasing housing prices, low interest rates and a desire to try to build a business on the side made me make the leap.
I have acquired and rented one house and am under contract on my second property. So far, so good. I’ve learned a lot in the process and hope that you find this information useful.