Cash flow is the keyword for this long-term investment. The property has to be right to allow positive cash flow. The analysis must be carefully performed to determine the potential yield and equity in the next 3 to 5 years. This comprises of much more than the price of the property, location and its condition.
Rent income - PITI - Expenses - Vacancy Loss = Cash Flow
One of the most important process is property management which extends beyond collecting rents.
The property has to be maintained such that it's habitable by laws.
Handling tenancy should comply with legal system from accepting applications to ending leases.
Investing in rental properties can be rewarding if planned and managed properly. It is one of the common methods to generate passive income. We treat each property as an asset and manage closely with proper improvement and capital financing knowledge to achieve positive cash flow.