CJSL Rules|

If you are going to invest in real estate, residential property should be your safest and wisest investment.  First, such type of real estate are probably the most familiar to you because you have live in (and perhaps bought) such property already.  Second, residential property should be easier for you to manage and deal with on an ongoing basis.  (Be sure that you are knowledgeable about current rent-control laws – if any – in your community and how they affect the property you may buy.)

Do not forget that with landlording comes lots of responsibilities and occasional tricky situations. That is why we strongly recommend that you consult a good local real estate lawyer if you have any questions about the legality of buying or operating your rental property.