For many Americans, owning investment real estate is a steady path to financial security. Renting out your investment property means positive cash flow, and you can use those rental payments to build your equity in the home. But along with these benefits comes responsibility for reporting income and expenses to the Internal Revenue Service. Let’s… Read more »
If you are a new landlord, it’s crucial to learn about the Fair Housing Act. Though it was established as part of the Civil Rights Act of 1968, it’s as relevant today as it was nearly 50 years ago. Established to eliminate discrimination against certain protected classes of people in the sale and rental of… Read more »
If you’ve ever considered buying a house or apartment building as an investment rental property, think about doing so in a college town where you can rent to students. The potential for steady, top-dollar revenue is excellent, though there are risks. The pluses Renting your investment property to college students means almost never having to… Read more »
Owning rental property can bring a nice return on your investment, but be sure you weigh the pros and cons before you decide to jump in and become a landlord. Show me the money. Unlike buying a personal residence — where you might get by with putting down as little as 5 percent — a… Read more »
