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Is rental property a good investment?

The article from Moneyweb discusses the merits and considerations of investing in rental property. It highlights that while rental properties can provide a steady income stream and potential for capital growth, they also come with significant responsibilities and risks. Key points include the need for substantial initial capital, ongoing maintenance costs, and the importance of understanding the local real estate market. The article also touches on the tax implications, such as deductions for expenses and depreciation, but warns about the potential for vacancies, problematic tenants, and unexpected repairs. It suggests that rental property can be a good investment if one is prepared for the active management role it requires, has a long-term investment horizon, and conducts thorough due diligence on property location, tenant demand, and financial projections. However, it's not a passive investment and might not suit everyone's investment strategy or risk profile.

Read the Full Moneyweb Article at:
[ https://www.moneyweb.co.za/financial-advisor-views/is-rental-property-a-good-investment/ ]