Posted by: phillipsre | August 21, 2012

Common Mistakes Rental Property Owners Make

With mortgage rates low and the supply of homes going up, you may be considering purchasing a rental property as a long term investment. For a lot of people this is a very smart choice and it might also be a necessity if you are in need of moving for a job or ready to upgrade your property. If this is something you are considering, read this article, written by Julie Johnson, the Director of Residential Services at Phillips Real Estate Services. The article outlines some of the common mistakes property owners make when they jump into rental property ownership and some things to consider when you take on your new role as landlord.

 

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