“Gen rent” is where it’s at. “It” being opportunity in the real estate industry. “In the past, approximately 66 percent of all Americans owned their own home and 33 percent rented. Since the downturn began, approximately 10 million Americans have now moved from living in a home they own to living in a rental.” This generation of renters equals a tremendous opportunity for investors to buy homes and rent them. Phoenix is one of the fastest growing cities in the country; many of those who move here are renting rather than buying. This creates a great opportunity for investor ownership that is unmatched in many other areas of the country.
To read the complete article from Inman, follow this link: http://www.inman.com/buyers-sellers/columnists/berniceross/capitalizing-gen-rent?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+inmannews+%28Inman+News+-+Headlines%29
Renting properties is a fantastic way to earn income. Interest rates are currently low. An investor can rent with a recent mortgage and make income over-and-above all of their expenses.
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