WandaFearsBlog

Rent Your House or Buy A Rental Property

Is the stock market keeping you up at night?  Are you consuming more antacids than ever before?  Are the ups and downs causing more stress than you want or need?  There is a simple alternative in rental real estate.

 

Single family homes for rental purposes offer an excellent rate of return in an investment that most people understand better than other investments.  The concept is simple: stay with predominantly owner-occupied homes in a slightly below average price range.  In most areas, tenants are easy to find and they’ll usually stay two to three years or more.

 

For the person who doesn’t want to be bothered with calls from tenants, professional management is available and commonly won’t dramatically affect the rate of return.  Managers can achieve economies of scale that individuals can’t due to managing multiple properties and having good connections with the best workmen.

 

Unlike most commercial property, single family homes are much more liquid because of the higher demand for residential property.  Single family homes offer the investor the opportunity to borrow high loan-to-value mortgages at fixed interest rates, for long periods of time on appreciating assets with tax advantages while providing the investor a higher than normal level of control.

 

Spend an hour investigating the benefits and you might sleep better at night, eat less antacids and find yourself more mellow than you’ve been in years.

 

Article Credit: Gee Dunston

 

About Gee,

Gee Dunsten, a graduate of the University of Maryland College Park, entered the real estate business in 1972. Starting in residential sales, he pro­gressed from general sales manager to owner/broker in 10 years. In 1986 Gee sold his business and returned to his first love-selling real estate. His selling career has crossed the $200 million mark and he is currently owner/broker of Legacy Realty of Salisbury, Inc., and president of Legacy Development Corporation.

 

WandaFears, Realtor ABR CRS GRI WCR

Richmond, Va. Long and Foster Realtors

www.wandafears.com
wanda@wandafears.com


804-909-2777

www.facebook.com/wandafears

0 commentsWanda Fears • October 29 2014 02:44PM
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