Housing Wire
MAY 12, 2022
How will you take care of the property or find tenants? You want to invest in an area with a higher demand for rental properties. Some areas have lower property taxes and expenses than others. You found a property you love and may want to retire to one day but will rent in the meantime. Market Growth.
PennyMac
JUNE 2, 2022
Property taxes. You have to have enough money saved to be able to handle expenses such as repairs, and cover the holding costs if a tenant moves out unexpectedly or stops paying rent. You also have to have a schedule that will allow you to address any issues that arise since tenants will have to be able to get a hold of you.
The Robert Weiler Company
MAY 17, 2022
Once you focus on these criteria, you will have a better understanding of where you want to begin your commercial property search. Property taxes in the area. Transportation and access. Average prices of comparable commercial rental properties available in the area. Rental property insurance. Demographics.
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