GMAC Real Estate – Rental Properties as a Real Estate Investment: It Pays to Have a Real Estate Investment Team
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It Pays to Have a Real Estate Investment Team

Takeaways

  • You should have a team of experts to call on for professional guidance.
  • The most important team member is a professional real estate agent.
  • An attorney is valuable to real estate investors.

Did you know?

  • Using one banker helps facilitate the lending process.
Real estate investors need a team of pros. Because of complex federal, state, and local laws that protect both landlords and renters, it pays to have a stable of professionals you can call on for professional guidance as you make rental real estate investments. Here are some of the professionals you need to know:
  • A real estate professional to help you find the right properties at the best possible price.
  • A trusted attorney to keep rental legalities in order.
  • A tax consultant to make sure you take advantage of real estate tax benefits and avoid negative tax implications.
  • An insurance agent to cover your liabilities with the right type and right amount of rental property insurance.
  • A Home Inspector to uncover any hidden defects that could undermine your investment.
  • A banker to facilitate the lending process.

Learn More About Investing in Rental Properties

To learn more, explore the advice on Rental Properties in this section of our site. You can also learn more about Rental Properties in our expanded section on Second Homes. To find properties in your area, please contact a local GMAC Real Estate office, and talk with a Real Estate agent about opportunities for investment.