Is It Time to Buy A Rental Property?

Are you looking to get back into the investment property game? Well it just might be a very good time to do so.

Recently CoreLogic’s Principal Economist, Sam Khater wrote about this in a story called, Roll Tide, or The Rise of the Single Family Rental Market. He had some interesting points, but most notably:

  • The single-family rental market remained very active in the late summer of 2012 with increases in demand, tightening inventory and rising rents.
  • Nationally, rental leasing volumes were up every month for two years. In August, they were up 7% over last year.
  • Supply was down 11% over the same period.
  • This tightness in supply has caused rents to increase.
  • Rent growth is expected to increase at a ‘strong clip’ late in 2012 and in 2013.

If you do have a few bucks to put someplace and the stock market or your money market is not preforming to your standards, then perhaps the becoming a Landlord will suffice!

As always, if you have any questions, please do contact me.