Buying an investment property is an excellent option if you want to build your wealth. However, the most important thing to do before you buy a rental property is to research the market and know what kind of return your rental will produce. In this post, we’ll cover some tips for buying an investment property based on our experiences investing in real estate.
If we consider investing in an apartment building with several apartments inside – then we know for sure that every single one of those units will always need someone living inside them at all times during business hours (this is called ‘occupancy rate’).