By Neil Fjellestad and Chris De Marco Some investors become independent rental owners by design as a result of well-planned financial strategy and/or the advice of a trusted CPA or CFP. These “strategic investors” usually employ recommended professional property management as well. Others are “situational investors” due to inheritance, a market condition or a personal...
There are fundamental investment mistakes made by rental owners that can unravel the potential return and negate the inherent safety of the investment. These mistakes are compounded by poor property management. This combination generally translates into a bad rental experience for the tenant(s) as well. • Most businesses fail due to owners’ lack of sufficient...
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