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How to Buy a Rental Property: Get Tips from the Experts

PennyMac

Financing, knowing what kind of property to buy, and the many other steps are all part of a well-rounded investment plan. Here are some tips from real estate experts on how to buy a rental property that’s right for you. Decide If You Have the Ability and Funds to Be A Landlord. Property taxes. Maintenance costs.

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Buying a Second Home – What You Need to Know

PennyMac

Renters rely on landlords who take care of their property. Even if you aren’t living in your second home or renting it out, you still have to take care of the property. If you’re renting, there’s also landlord insurance. Budget for times when a rental property doesn’t have tenants or if you rent for short-term periods.

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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

You can rent the home out to tenants who pay your mortgage and bills while you continue to build your asset. Make Predictable Monthly Payments When you're a renter, you're at the mercy of a landlord. Consider Property Taxes When you pay for your home, you'll need to pay other fees like property taxes and insurance.