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The Pros and Cons of Owning a Rental Property

Owning a rental property has both pros and cons, but in the long run, the benefits outweigh the drawbacks.

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What are the pros and cons of owning a rental property?


  • Your tenants effectively pay for your house.
  • It’s a great way to build long-term wealth. 
  • You get tax benefits.
  • It’s a passive side income
  • There is no shortage of renters. The rental market all over America is predicted to be strong for decades to come. 
  • It’s low risk. Even if the economy slides, people will always need a place to live. 


  • It might not be a good fit for someone who likes to be in control of their investments and doesn’t like the idea of tenants moving in and out of their property. 
  • The wear and tear on rental homes is greater than that of owner-occupied properties. 

"Most landowners realize a huge financial gain from owning a rental property."

In my experience, in the long term, most landowners realize a huge financial gain from owning a rental property. If you have a rental property and you have questions about hiring a professional property manager, don’t hesitate to give us a call. 

If you have any other questions about any other real estate topic or you’re thinking of buying or selling a home, feel free to reach out to us anytime. We’d be glad to help you. 

Predictions For 2018 Home Values

Will your home value rise or fall in 2018?

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