Why problem properties create problem tenancies for investors
From high-maintenance homes to unstable apartment complexes, the wrong investment property can erode returns over time.
Wealth creation in property is about finding the best deal and quickly identifying the wrong ones. (Image source: Helder Almeida/Shutterstock.com)
When you buy an investment property you are buying an asset to build wealth.
The objective is simple; grow in value over time, generate income along the way, sell at a profit, and in the meantime provide housing.
When everything works, the property appreciates higher than inflation, rents move gradually upward, and tenant turnover is manageable.
When you buy a problem property, you often create a higher probability of a problem tenancy. Not be…
