THE CASE FOR BUYING NOW Many factors make this a great time to invest. Mortgage rates are at a 40-year low, and homes in many areas are ultra-cheap. Meanwhile, demand for rentals has risen in more than 500 cities, according to recent Census data. That, in turn, has enabled landlords to charge more. Hotpads.com, a real estate research firm, reports that rents nationwide jumped 11.6% in 2010, to $1,320 a month. You'll need that rental income to tide you over until home prices bounce back; in fact, the typical investor today plans to hold for 10 years, according to a survey by the National Association of Realtors.
It's a great time to cash in on investments! Melissa has the experience to help with your rental income property needs. Please call or e-mail today for more information at (509) 879-7858 or melissadailey@comcast.net.
To view the rest of this article please visit: http://money.cnn.com/2011/08/30/real_estate/rental_property_investing.moneymag/index.htm
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