General Process
Financing
FAQS
General Process
Financials
SHOULD I
KEEP MY
HOME AS A
RENTAL?
Our real estate investing philosophy involved buying your first home with the intent to turn it into a rental income property. If your first home payment is more than 20% of your gross income it may be too much of a risk for your first investment property. If you can immediately start renting your home for a profit and you put less than 5% down initially, we would definitely recommend keeping it. If you are moving out of state from the place you are going to settle down we recommend selling, or planning to pay at least 12% of your gross monthly rent to a property management company to manage it for you.
Being a landlord is not for everyone. But if you are looking to keep more of your money away from the government, diversify your retirement portfolio, and cash in on passive income, we recommend getting into long term rental income properties.
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COMING SOON: Read more about our real estate investing philosophy HERE,