Buying A Home To Rent Out: What To Look For
When you see an affordable home on the market that you want to rent out to make money, you need to make sure you choose the best property for your needs. Here are things to look for when shopping for a rental home.
Neighborhood
Rent amount can be just as much dependent on where a rental is located as how large or small the home itself is. If you want to buy a rental that can give you a competitive amount of rent every month, then it's best to purchase a home in a quiet subdivision, near local parks or schools, or in the city.