Should You Buy 1 Investment Property Per Year?

Are you an investor wondering how many properties you should buy and how fast? Buying one rental property per year is an investment strategy that several landlords follow. However, it’s important to make smart investing steps to get there.

Why Is Real Estate a Good Investment?
If you’re a seasoned investor you already know that investment properties are a great investment to generate long term wealth. But if you are new to investment property ownership you may be wondering why or how. It takes time, dedication, and capital to purchase and manage rental properties. That said, the benefits often make that all worth it.
For example, rental property investment can allow you to generate passive income and earn tax benefits. Plus, real estate offers a bit of stability compared to other investment strategies. Home prices may fluctuate, but not nearly as much as the stock market.
Now you may be wondering how to get started in buying one rental property investment per year, follow these steps.

Steps to Buying 1 investment Property Per Year
Buying one investment property per year is a strategy used by investors who want to gradually expand their portfolio of properties. When you buy too many properties at once, it can become overwhelming and too difficult to manage.
Here are some tips:
1. Focus on One Property Type (ex: single family homes)
2. Stick to Your Budget
3. Keep Track of Important Variables (extra costs)
4. Utilize Real Estate Tools to Find Properties

Is This Beneficial For Long-Term Wealth?
Buying one investment property per year can be an excellent strategy for any investor willing to put in the work. After all, once you buy the property, you become a landlord with several responsibilities. If you own several rental properties already and you need help managing them, contact the best property management company in DFW (All County Property Management Group).

Here are some of the benefits of buying one rental property per year.
• It’s Simple and Easy to Implement
• You Can Generate a Good Income
• It’s a Proven Way to Build Wealth
• You Can Handle Investment Loans More Efficiently

Maximize Your Business With Property Management
Investors with multiple rental properties are faced with several daily tasks to complete. Sometimes, there’s just not enough time in the day to get everything done. We are here to help! At All County Property Management Group, we help not only renters find their next home but also property investors looking for an experienced property management company to take over the hard work of property management. We offer up-to-date listings to suit a variety of needs and budgets. In addition, our dedicated leasing staff works with you every step of the way so you can feel confident in your home choice. Plus our team handles all property management needs from maintenance, leasing documents, marketing and much more! For more information or to see our available listings in your area, check us out today.