Should I Buy a Rental Property?
- Author
- Greenway Wealth Advisors, LLC
- Published
- Thu 31 Mar 2022
- Episode Link
- https://www.greenwaywealth.com/
Making Margin Podcast
Episode 33 - Should I buy a rental property?
Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.
Meet the voices behind Making Margin:
Today we’re talking about rental properties. Should you buy one?
- More than 10 million Americans earn income from rental properties according to the IRS. Half of them manage their own properties, and the average landlord has three properties to their name. On average, they field 6 repair calls a year from tenants.
Discussion Topics:
- What are the upsides?
- Why do people show interest?
- What are the downsides?
- Who is a good candidate to own a rental property?
- Any pitfalls to avoid?
Resources
