Why My Rental Properties are a Good Investment

investment real estate
saving money buying a home

By Greg Johnson
Published July 13, 2015 – UpdatedMay 31, 2020

Rental Properties are a Good Investment

Back in the days when we were young and dumb, Holly and I decided that it would be a good idea if we got into the rental property business. Not only were we insane enough to buy one single-family unit, we actually decided to purchase two of them.

Everybody thought we had lost our minds at the time, but we went ahead and listened to our own instincts anyway. We were looking for ways to build residual income streams, and rentals seemed like a great way to do it.  Now, almost 10 years later, I think it is safe to say that our rental properties have been one of the best investments that we have made.

However, owning rental real estate isn’t a passive endeavor. Sometimes, rentals can be a lot of hard work. Just last weekend, I decided that I was going to head over to one of the houses and spend the morning doing some light yard work. Since the houses we own are both about 35 minutes away from where we live, we don’t have a chance to drive by them every day to keep an eye on them. I was sure that there would be some weeds to pick in the landscaping, but what I saw when I arrived made my blood boil.

The landscaping didn’t just have some weeds, it was covered in them. All of the bushes and trees needed to be trimmed. I had a veritable forest of maple saplings growing out of the gutters. Needless to say, there was a lot more work to do than I expected, which was irritating in itself. But what really got me upset was the fact that the renters were not only failing to keep up the property, they weren’t even trying. I was fuming, and for a few moments, I was wondering why the heck we ever got into the rental game in the first place.

Why Our Rental Properties are a Good Investment

As I was scooping a sapling-filled layer of mud that was 3-inches thick from the gutters, I kept reminding myself that these rental properties…

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