Knowing what type of real estate investing is right for your business is important when it comes to building your financial freedom. In our last article we talked about if house flipping is the right type of investing for you. Now we’re going to go over a different type of real estate investing and answer the question: is renting houses right for you and your business?
What does it take to be a landlord? We’re not talking about having one property that you decided to keep around. We’re talking about having lots of rental properties in your real estate investing portfolio that you manage as a full time job. This is a very popular type of real estate investing because it’s a form of passive income. Passive income is the whole reason people get into real estate investing after all. Whether you’re a new real estate investor or a seasoned investor looking to expand their business, let’s go over if renting houses is right for you. (more…)