Contrary to popular belief, real estate investing isn’t all HGTV flower boxes and passive income filling your bank account. Whether you’re purchasing a single-family home, duplex, or commercial property, managing a rental property is a huge financial and personal undertaking.
Before you dive headfirst into a real estate project, you’ll want to do your homework.
So what factors should you consider?
Rental Properties Are Highly Concentrated Assets
Investing in rental properties will likely tie up a significant portion of your net worth in one place. A quick google search will show you all the millionaires and billionaires who got