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Making Money with Rental Properties by Lisa Iannucci, Kimberly Smith

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CHAPTER3

What to Look for in a Rental Property

In This Chapter

  • It really is all about location
  • Calculating costs, taxes, and more
  • Looking around the neighborhood

Buying a home to live in is one thing, but buying investment real estate you plan to own, manage, rent, and hope to reap income from is a different process. For example, when you buy a home for yourself, you’re probably not thinking about the property’s price per square foot because you’re not renting it out and setting a rental rate based on that number. But you do need to think about this before buying an investment property.

In this chapter, we explain how to calculate the price ...

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