The Pros and Cons of Becoming a Landlord - Green Residential Blog

Abstract

Like anything, owning rental properties has its ups and downs. If you outsource these to a professional property manager, your rental income can really be passive. Building equity Most landlords finance their rental property just like regular homeowners do, so they can build equity in it over time. Tax advantages Owning rental property comes with many tax advantages. First, you have to buy rental property, which are typically harder to finance than regular homes. If you're unlucky, you could get stuck with a rental property you no longer want. Ultimately, being a landlord can be a big-time commitment-unless you partner with a property manager Partner with Green Residential If you want to experience true passive income with your rental property in Houston or Austin, we have you covered.