Investing in Rental Property: ( Came across this excellent article by April Dunn I would like to share with you.)
It's all over the television these days. Programs showing you how you can buy rental properties or put a rental suite in your home to offset your mortgage payments.
There is no doubt that real estate can be an excellent investment, so here are a few questions to consider before you start looking for your first rental property.
Are you ready to invest? — I’m sure you are already doing this but take time to get educated about real estate investing. Read blogs and real estate books. Spend some time on real estate forums or attend seminars. The more you know, the better prepared you will be.
What’s the plan? — Will this be a long-term investment?...