“How much money can I earn?” is often the first question I get
from people who are deciding whether to buy or turn their home into a
rental property.
I’d argue that this is the wrong question to ask. When you’re looking solely at how much money you’ll earn from a rental property, you’ll estimate how much you can charge for rent and how you can minimize property management expenses. These types of calculations are important, but they don’t offer a complete picture of how much value the property will create for you... ...moreRSK: Dave has the right attitude on owning income property...it is wealth not how much money. Don`t confuse the two. | ||
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