Retirement & Financial Planning Report

For current income, tax shelter, and appreciation potential few investments can match direct ownership of rental property. However, you must be willing to take on the responsibilities of being a landlord in return for the possible rewards. Some investors dabble in residential properties-they buy houses to rent out or they buy small apartment buildings. Those kinds of properties, though, frequently lead to hassles with tenants, even if you hire a property manager. By contrast, renting to commercial tenants may be less demanding. Nevertheless, investment property always will require more time and effort than owning stocks or bonds or mutual funds.