If you’re thinking about becoming an investor, here’s where to put your money.
If you’re thinking about investing in a rental property, there’s something important you should know first.
For long-term investors, a single-family home is the ideal investment. A condo or townhome isn’t a bad choice, but they also come with extra HOA and maintenance fees that cut into your profit line. With a single-family home, there are almost 100 years of data that show the positive growth rate on the equity of a home over 20 years. It’s by far the safest investment, but it’s not for everyone in every situation.
“Condos and townhomes come with extra fees.”
If you have questions about property management, rental rates, or anything else, don’t hesitate to reach out via phone or email today. I’d love to have a conversation with you.