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With an average rate of return that is high and stable, owning an investment property is a great move toward financial stability. In fact, some recent statistics say that the average ROI for owning a rental property is now above 9 percent. Real estate can definitely be a lucrative opportunity, but there is much more to it than purchasing in the right area at the right price, realizing some tax benefits and creating monthly income.

“Monthly income” is the piece where most first-time landlords could use a little help. Managing tenants and handling property maintenance are a big part of…

Kaycee Miller

Kaycee is a writer and the marketing director for Rentec Direct, specializing in real estate and property management. Learn more at rentecdirect.com.

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