Real estate

With the volatility in the stock market, many investors are looking at real estate as a hedge on inflation and interest rate swings. We have found that it is easy to overestimate the income from property. There are financial, legal, emotional, and time-consuming factors that have to be accepted before taking the plunge.

According to the Wall Street Journal’s Wealth Management Report, the biggest mistake is treating the rental business as a hobby. “Renting a house is far more complicated than owning one.” They go on to say that you must establish policies that include lease agreements. Those ar...

 

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