What To Consider If You’re Buying An Investment Property
- By
Julia Austin
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Identifying a good rental property
Finding a place that will attract renters is important, but there isn’t one type that’s right in every area. “When I’m shopping, I’m looking for properties that are in places where it’ll be easy to get leased out,” Head says. “I’m looking for properties that are likely not going to require a lot of maintenance expenses. So I might not be looking at old duplexes. I may be looking at something that’s 20 years old or newer. The older it is, the more stuff starts going wrong with it. The less you have to do to a property, the better. So if it’s a bit newer, that would be ideal.”
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