⚡These six features a profitable rental property should have!

Ever thought of buying a rental property.

If yes, consider these six features a profitable rental property should have!

1. Location
This feature determines what type of tenants the property attracts and how long they stay.

2. Property taxes
It’s important to check with the area assessment office for the tax history on a property you are considering.

3. Rent
The rent you collect on your investment property is the whole reason for owning the property in the first place.

4. Schools
Tenants with children or those who plan to have children want to live in neighborhoods with good schools.

5. Crime rates
No one wants to live in a crime-ridden neighborhood.

6. Local amenities
The more a neighborhood has to offer, the more tenants it attracts.

Emma Co Personal Real Estate Corp | Macdonald Realty | 6046183888

Building VALUE With Every Move


No comments

Post Your Comment:

Your email will not be published
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.