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Pitfalls and profits of rental-house investments

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

A few weeks ago I was in Washington, D.C., attending a seminar. One day I enjoyed lunch with a longtime real estate investor from Florida, a prospective realty investor from Philadelphia, and another prospective real estate tycoon from New York City. Because two of us were realty investors, the discussion soon turned to the pros and cons of investing in rental houses. We all noted houses are currently the best long-term real estate investments. Most homeowners will agree their best financial investment has been their personal residence. Purchase Bob Bruss reports online. But then the topic eroded into the negative but very realistic topic of how to earn enough rental income to pay rental-house carrying costs while, hopefully, the house appreciates in market value. ADVANTAGES OF INVESTING IN RENTAL HOUSES. The primary advantage of owning sound, well-located rental houses is they usually appreciate in market value just as fast as nearby owner-occupied houses. According to the Nationa...