You need to budget
carefully to allow for contingencies associated with your income-producing
asset.
For example, your tenant
may lose their job and may not be able to pay rent on time, or your hot water
service may blow up.
If such incidents occur,
you need to ensure that you have enough funds during the interim to cover
repayments and other expenses.
RealRenta has all the tools
that a property manager has, but less than
¼the cost of a property manager.
Join now and the cost is less than a cup of coffee a week to manage your
rental property
RealRenta also has a free vision, so why not check it out
Jason Gwerder
Tuesday, 22 March 2022
