5 Ways to Become an Active or Passive Real Estate Investor
Money Girl
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The Cost of Property Management as a Real Estate Investment
A good property manager typically charges ten % of your gross rent per property, or maybe a little less if you've got multiple proper ies to give them. If you can find undervalued properties that are likely to appreciate and provide neck ash flow after expenses, they can be excellent investments. Many costs, such as repairs and maintenance, are tax deductable, offsetting your rental income. Just remember that you're going to need landlord insurance and a healthy cash reserve to cover unexpected repairs and month of potential vacancies.
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