Plan for Profits With Your Very First Investment Property

black couple walking into a new home with smiles on their faces

Any time you’re ready for a new business venture, research and information are your friends.

If you’re thinking of taking on investment property, whether as a manager or owner, the more you learn now the more success you’ll enjoy later. These tools and resources will help you know you’re going in the right direction from day one.

Make your rental property attractive for tenants by hiring a good team that might include a Designer, Architect, Builder or Remodeler for smart, innovative, and inclusive design solutions.

No matter how you go about your investment, take heed to these tips.

 

Examine the Big Picture

More U.S. Households Are Renting Than at Any Point in 50 Years
The 25 Best Places to Buy a Vacation Home in the US, Ranked
How to Pick the Ideal Location For Investment Properties
Rental Property Calculator

 

When You Find “The One”

31 Tips for Buying Your First Rental Property From the Pros
5 Tips for Financing Investment Property
6 Amenities to Ensure Repeat Business in Your Vacation Rental
Hire Lisa J. Wood Interiors for Expert Interior Design

 

Essential Property Management Information

Your Rights and Responsibilities as a Residential Landlord
Marketing Techniques for Rental Properties
How to Hire a Property Management Company and the Pros and Cons to Consider

 

Because Bad Renters Happen

3 Types of Bad Tenants—and How to Avoid Them
How to Evict a Tenant – Step-by-Step Guide & Tenant Eviction Process for Landlords
Top Rated Real Estate Lawyers by Location

 

Resources on Creating a Competitive Rental Business

Starting a Property Management Company
State-by-State Rental Regulations
Understanding Rent and Security Deposits
Protect Your Assets by Forming a North Carolina LLC

 

Learning all you can about your new endeavor is the first step toward success.

Decide on a great location, aim to attract great renters, and use the professional resources you need when you need them. You’ll enjoy a profitable venture as a result.

 

Author, 

Paul Denikin

 

Paul Denikin is passionate about sharing his experiences working on DIY projects to benefit people with special needs children. 

 

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