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10 Tips for Buying Rental Property

10 Tips for Buying Rental Property

1. Make Sure it’s for You

2. Pay Down Debt First

3. Get the Down Payment

4. Beware of Higher Interest Rates

5. Calculate Your Margins

6. Don’t Buy a Fixer-Upper

7. Calculate Operating Expenses

8. Determine Your Return

9. Get a Low-Cost Home

10. Find the Right Location

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