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by jaworrom
2765 days ago
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1. Invest in pro-landlord states. I know plenty of investors that haven't even walked the properties they own and invest out of state without issues.
2. Interview potential tenants and verify income, rental history, references, credit check, background check, etc.
3. Have a strong lease agreement that outlines all of this.
4. Account for vacancies every month as an expense - 3-5% is pretty reasonable. And don't touch this money. |
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