8 Tips to Create Income From Rental Property

8 Tips to Create Income From Rental Property
1. Keep your goals in mind
2. Put your financial house in order
3. Learn your market's vacancy rates and property ratings.
4. Look for real estate with great potential.
5. Keep your options open.
6. Don't be lured by low interest rates.
7. Renovate the kitchen and bathrooms to get higher rent.
8. Screen the tenants.