Single-Family Homes for Rentals * I VOTE YES!

Reblogger Wallace S. Gibson, CPM
Real Estate Broker/Owner with Gibson Management Group, Ltd.

SFR rental properties are a GREAT way to start investing in real estate and many of my NEW clients are renting homes that they can not SELL and will be renting when they move from the area...easy to get comps, easy to finance and GREAT to RENT!

Original content by Patty Clark

Single-Family Homes for Rentals
                                     
Single-family homes used for rental property have distinct advantages over other types of investments.


An investor can borrow 75-80% at fixed interest rates on appreciating assets with definite tax advantages and reasonable control. The financing alone is attractive compared to some investments that require 50% cash and have floating rates at prime plus for one or two years.                                                                                         single family homes for rentals


Home prices have adjusted 30-40% around the country, mortgage rates are incredibly low and rents have risen in the past two years due to more demand and shorter supply. Indicators like these point to a strong and sustained rental market.


Consider you bought a $125,000 home for cash that would rent for $1,250 per month. With $15,000 income and allowing for property taxes, insurance and maintenance, it is still reasonable to expect $10,000 net income.

You'd have an 8% return on investment without considering tax savings or future appreciation compared with 5-year CDs paying less than 1.5% and a 10-year Treasury yield at 1.65%.


The reasonable control has a lot of appeal to many investors who find the volatility of the stock market unacceptable and don't want the risk associated with some of the alternative investments.

Please contact me if you'd like to know more about available opportunities

Buy or Sell with Chris and Patty Clark              Denver, Co

Chris and Patty

If you would like for us to send you properties on a daily or weekly basis just call or email us and let us know your wants and needs. We will match them with a home you love and with monthly payments you can afford. We specialize in first time home buyers.MB logo

www.morningsidehomes.com
patty@morningsidehomes.com
Cell: 720-231-5200                       CRS,GRI,WCR,SFR,CNE, MRE

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Comments 6 New Comment

Show All Comments
Rainmaker
1,842,141
Gita Bantwal
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
RE/MAX Centre Realtors

There is a shortage of rentals in my area. It is agood time to invest in rentals in most parts of the country.

July 24, 2012 03:27 AM
Rainmaker
998,725
Conrad Allen
Webster, Ma, Realtor
Re/Max Professional Associates

Hi Wallace.  We have a shortage of single family rentals in my area.

July 24, 2012 03:28 AM
Rainmaker
1,075,694
Wallace S. Gibson, CPM
LandlordWhisperer
Gibson Management Group, Ltd.

I'm working with three real estate "teams" * 2 are REMax Conrad * they are referring their departing clients with UNsold homes to me to lease and manage them and then they will RElist and SELL them.

July 24, 2012 03:33 AM
Rainmaker
1,022,248
Lisa Von Domek
....Experience Isn't Expensive.... It's Priceless!
Lisa Von Domek & Associates LLC, Real Estate Broker/Associate with Real Living Real Estate Group www.LisaVon.com

Good morning Wallace,

Rental properties have proven to be a great investment - and having professional management is something I always recommend!

July 24, 2012 04:46 AM
Rainmaker
1,881,673
Roy Kelley
Roy and Dolores Kelley Photographs
Retired Real Estate Broker, Maryland Blogger

Very good information for prospective investors.  Move up home buyers are smart to consider renting their old home rather than selling it.

July 24, 2012 11:56 AM
Rainmaker
604,596
Sussie Sutton
UTR TEXAS Realtors - Rep for buyers and sellers.
UTR Texas Realtors

There is a shortage or rental homes in Alvin, League City, and Clear Lake. I have been considering buying a home to rent out. We see them as cheap as $33,000. here. Amazing!

July 24, 2012 08:53 PM
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Rainmaker
1,075,694

Wallace S. Gibson, CPM

LandlordWhisperer
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