5 Most Common Landlord Mistakes
For some, it may sound easy to be a landlord, just acquire a property, make necessary repairs and rent it out to tenants. As long as the rent covers the mortgage, tax, and insurance, you can make cash flow each month. However, the truth is that to successfully manage a rental portfolio, it takes more than doing the math right during the acquisition, it also requires you to be professional and have business thinking during the management process.