Buying Rental Property? 3 Things You Need to Know as a New Investor

Buying Rental Property? 3 Things You Need to Know as a New Investor

The real estate market has proven itself to be incredibly resilient over the last year or two, and it demonstrates over and over again why investing in rental property is such a good idea. Smart investors know that when you buy and hold real estate, you have remarkable opportunities to earn consistent cash flow and build a steady and impressive strategy for long-term ROI.

Budgeting for Routine Property Maintenance & Emergency Repairs | Grand Rapids Property Management

Budgeting for Routine Property Maintenance & Emergency Repairs | Grand Rapids Property Management

Your Grand Rapids rental property may be in excellent condition. Maybe it’s even brand new. You can still expect that repairs and maintenance will be necessary, however. These variable expenses can be difficult to budget for. You may go several months without having to pay for any kind of maintenance, and then another month will arrive and you’ll find yourself responding to a handful of maintenance calls for a single property.