Tag Archives: managing risk

Building an Investment Property Portfolio

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The whole idea around investing in property is to build long term wealth for yourself and your family, but what does this really involve?

Buying just one investment property and holding onto it until retirement won’t make you rich.  If it performs well, it will definitely be a nice asset to have with substantial equity and a small income stream to help out, but if it does not perform well you are left with an underperforming asset.

Managing Risk with Investment Property

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Owning an investment property comes with certain responsibilities with the primary responsibility being to ensure that your tenant is living in a legally safe premise.  Secondly, you need to make sure that you are protected from the tenant and that your property is protected from disasters.

Even if you already own one or multiple investment properties, it’s a good idea to review the potential risks occasionally to make sure you are covered in the event of an accident or disaster.