James Connor

you still need to be a good manager.

It can be in the form of natural disasters, untrustworthy property managers, bad tenants, poor economic conditions, and so on

Ensure that you are keeping track of all your expenses in an orderly fashion along with the income you are earning if you want to become a successful investor.

Profit needs to be one of your goals if you want to be successful.

You must ensure that the property you rent is never less than the market rate. Now, you might be thinking that renting the property at a price less than the market rate might spell less drama. It might be true, but what is the opportunity cost involved?

If you want to invest in a property, you must be aware of all the numbers involved