How to Build a Rental Property Portfolio
Posted by Judit Crace on
Real estate has created enormous wealth for generations of investors. That doesn't make wealth through real estate automatic, but it helps explain why so many people view property ownership as a long-term wealth-building strategy.
The good news is that you don't necessarily need to start by purchasing a traditional investment property with a large down payment.
For some people, building a rental portfolio starts much more simply: with the home they buy for themselves.
That's actually how it started for me.
I bought a home as my primary residence. When I was ready to move, I didn't sell it. I kept it and turned it into a rental property.
You don't need to start with five properties. You need to start with one property that makes sense.
…7 Views, 0 Comments