Long vacancies are frustrating, expensive, and best avoided. The local rental market moves pretty quickly, and an attractive, well-maintained home that’s priced competitively isn’t likely to be left unoccupied for long.
Real estate is an excellent vehicle for building wealth. When you own rental real estate, you have the potential to earn some pretty impressive returns over the long term, and this can help you plan for retirement, save for your child’s college tuition, or build generational wealth for your entire family.
As you probably already know, owning rental real estate can be lucrative and rewarding. But, it can also be challenging and risky. Here are five tips that will lead to a much better investment outcome.
Many of us expected the pandemic would have ended by now, and instead it seems to be an active and ongoing issue that Tampa property managers and rental property owners have had to work around.
Investors often ask us about the best time to buy an investment property in the Tampa market. The perfect time would be at the bottom of the market, but it’s difficult to get the timing exactly right.