Rental property investing can be a powerful way to build long-term wealth, but not all properties make great rentals. Whether you're a first-time landlord or growing your portfolio, here are the top 5 things to look for before buying a rental property.
Choose areas with:
High population growth
Proximity to schools, transit, and jobs
Low vacancy rates
?? Check local Facebook groups or Kijiji listings to confirm demand.
Monthly rent should cover mortgage, taxes, insurance, and maintenance, with profit left over.
Use our [Rental Property Calculator] to run the numbers before you buy.
Newer roofs, windows, HVAC, and plumbing reduce surprise costs.
Avoid properties with major foundation or structural issues unless you're getting a steep discount.
Some municipalities in [City] are more tenant-friendly than others.
Look into local eviction rules, rent control zones, and permit requirements before buying.
Invest in areas with upcoming development, rezoning, or improved infrastructure.
Even if cash flow is modest, appreciation can significantly boost ROI over time.
If you’re investing remotely or scaling up, a trusted local property manager can:
Handle tenant screening and repairs
Ensure compliance with local laws
Protect your time and cash flow
Buying rental property is one of the best ways to generate passive income—but only if you buy smart. If you want expert help finding your next buy-and-hold deal, reach out to us or join our Rental Investor VIP List for early access to income-producing properties.
Let us help you invest in real estate that pays you back every month.