Join Emily on this take 10 show as she shares some insight into the realities of owning rental property. Using a property she and her husband own, Emily shares how they have dealt with a vacant unit, why they decided to drop the price and enlist the help of their real estate agent.
The reality of owning rental property has its definite good days and not so great days. While it is great to own properties with great tenants and earn 'passive income' each month, there are times when properties will not have tenants, when water pipes will bust or you have to evict a tenant. Tune in to hear how Emily and her husband decided to drop the price and had their property rented in just a few days.