Investment Properties

What are the risks of owning rental property?

By Bob Millaway July 26, 2026

Short Answer

Rental property risks include vacancy periods with no rental income, expensive emergency repairs, problem tenants who damage the property or fail to pay rent, property value declines, and unexpected legal costs from evictions or liability claims. Interest rate increases can also affect your cash flow if you have adjustable-rate financing. Proper planning, insurance, and cash reserves can mitigate most of these risks. Full answer page coming soon.

Full answer page coming soon. This page will provide a comprehensive overview of the risks involved in rental property investing and strategies to protect yourself.

Bob Millaway

Bob's Advice

Redfin Senior Agent · AI Certified Agent

Full answer page coming soon. Real estate investing is not passive income, it is active wealth building. The investors who succeed are the ones who plan for the risks and have reserves in place. I can help you evaluate whether a property's potential returns justify its risks.

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