All serious investors should add real estate investing to their investment portfolio. Enjoy passive investment cash-flow, and create a hedge against inflation.
While most of us know this intuitively, the thought of managing toilets and tenants prevents them from acting. Their instincts are not wrong.
Unless you have the time, expertise, and passion for operations, you really should NOT manage your property.
There are numerous compelling reasons to invest in real estate, but there are only a few reasons to become a property manager.
Ask yourself if you are investing in real estate to gain financial freedom or are you investing to become a landlord? [Read more…]