Smart investors know that tax reform changed the rules of the game for rental investments, but rental properties should still be considered a valuable and important aspect of your investment strategy for the future
When looking at rental property as an investment, consider property that will bring you a positive cash flow or at least come close to a break-even situation after the rent is collected and mortgage payment and other associated bills are paid each month Finding such property may not be easy, but it will be worth the effort.
What’s the best property to purchase as a rental investment? The most lucrative rental property is usually a single or multifamily semi/detached house. Since these homes are the most popular with buyers, your rental house is likely to appreciate over the years and be easier to sell when the time comes. There are some outstanding buys on the market now. This opportunity may not last much longer.