
What Are the Most Important Factors for a Successful Rental Property
Rental properties have the potential to be enormously profitable. If your monthly expenses for a rental property amount to about $2,000, and you can charge $2,500 in rent, you’ll make a gross profit of $500 every month. That may not seem like much, but if you have a portfolio full of properties, your income can quickly snowball. And if you benefit from property appreciation, you’ll see even better results long term. The…