We came across this good post on investing in rental real estate by Zenith Properties NW.
“In short, yes, rental properties are and can always be a very good investment. Saying that, investing in rental properties isn’t for everyone and, no matter what, you’re going to have to do your due diligence in order to get a worthwhile return.
First of all, if you are interested in investing in rental properties you are going to need a considerable amount of money to use as a down payment. On top of a down payment, you are also going to need to prove that you have an adequate amount of extra savings as well as enough steady income to be able to make all of the necessary payments.
You will typically be able to receive a loan on a rental property with four or fewer units if you…” <read full article>
