Don't make a purchase just for the sake of owning more properties.
Even those newbies tend to think the more they own the better, most quickly realize that more is not necessarily better.
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Be wary of any prospective tenant who tries to negotiate the rent.
While he or she may just be a savvy businessperson, they could also be in a financial bind. Ask a few more questions and be careful about signing a contract with them.
While he or she may just be a savvy businessperson, they could also be in a financial bind. Ask a few more questions and be careful about signing a contract with them.
Look at the neighborhood you are investing in. If it is a good neighborhood then chances are the value will remain high, but property in a bad area could end up being a bad .