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Investing/Strategies / Owning Rental Property

URL:  http://boards.fool.com/this-can-be-as-complex-of-as-simple-as-people-want-30450629.aspx

Subject:  Re: Buying first rental property Date:  12/25/2012  3:10 PM
Author:  activeREinvestor Number:  4697 of 4898

This can be as complex of as simple as people want it to me. If you run it as a business and you show a taxable profit while keeping the LTV low there are not too many risks. I say, not too many in that the risks should be things you can handle.

Cashflow keeps you in the game. Not trying to maximize the debt levels is a good idea. If you want to push the edge, make sure you keep ample cash available for the unexpected.
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