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Cheap Equals Cheap

The allure of investment properties is this: buy an investment property with little or no money down and have a tenant pay rent, which will generate enough cash flow to cover the mortgage payment.  At the end of the mortgage term, your property will have paid for itself and you have a very valuable asset! In theory, this is exactly how an investment property should work. The problem comes when an investor buys  a “cheap” property due to the low upfront cost. Surprisingly, this mistake is quite easy to make. The owner has a little extra money saved up and … More

Certified Property Management, Inc. is NOT affiliated with the Institute of Real Estate Management (IREM) in any way and does not infer or represent that we enjoy the benefits of the CPM (Certified Property Manager) designate.