Success in rental real estate depends heavily on selecting the right property. Many investors purchase buildings that look good aesthetically, yet fail to generate consistent rental income. A profitable rental property is defined by demand, low maintenance, location strength, and future value.
1. Strong Location & Tenant Demand
Ideal locations include:
- Near business hubs
- Close to schools/universities
- Near transport routes
- Inside estates with basic amenities
These areas attract stable, long-term tenants.
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