Say, you invest your hard-earned savings into one promising rental property. At first, everything clicks—reliable tenants, consistent income, and a thriving local market. But then the unexpected happens: a factory closes in town, people move away, and your property value drops. Suddenly, your reliable investment feels shaky.
This is why diversification matters. Here’s what it does for you:
- Minimizes Risk: No single property or market will sink your portfolio if it struggles.
- Stabilizes Income: A m