HousingWire – Trey Garrison
A combination of low home prices, interest rates at near-negative levels and climbing home prices and rents means this may be a good time to become Mr. & Mrs. Roper. After all, there are still a slew of homeowners displaced by a foreclosure, short sale or bankruptcy, who mostly won’t be able to get a loan for a number of years due to tight credit market restrictions. So landlording can be a profitable endeavor, but more in some areas than in others.
Cash-flowing rental properties allow investors to build wealth over the long term in the form of an appreciating asset while also generating monthly income. Good cash-flowing rentals can be found in many U.S. markets, but rapidly appreciating home prices are making it more difficult.
Realty Trac “Heat Map” of Real Estate Investment: http://www.realtytrac.com/content/news-and-opinion/best-and-worst-markets-for-rental-returns-heat-map-8023
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