Want to Invest in a Rental Property? Do These 5 Things First.

Make informed decisions regarding your next rental property with these five essential tips.

An “Apartment For Rent” sign displayed on a residential street. Shutterstock

By Dave Spooner

Are you looking to invest in a rental property but aren’t sure what the telltale signs of a good investment are? In this article, I'll share five tips for how to evaluate whether a property is worth your time and money and what to look for in an investment property.

From market research and risk analysis to comparing local rentals and calculating your net operating income (NOI), this guide equips you with the knowledge to evaluate your next investment wisely.