Buying a Second Home to Rent: Dos and Don'ts
While there are financial benefits to investing in rental property, there are risks—tenants who don't pay their rent and the headache of being a landlord—as well. You'll need to weigh taxes, real estate appreciation, mortgage, and maintenance costs, and your desire to be a landlord when deciding if owning a rental is a wise financial move.
Original Article Source Credits: Investopedia , https://www.investopedia.com/
Article Written By: MAYA E. DOLLARHIDE
Original Article Posted on: Jun 26, 2020
Link to Original Article: https://www.investopedia.com/articles/personal-finance/041515/buying-second-home-rent-dos-and-donts.asp