If you have the interest and some money to invest, consider buying a rental property (or two). While prices have increased in 2013, there are still good opportunities. Forecasts are for the numbers of renters to increase dramatically. Within the next decade, 5 to 6 million new renter households are expected to be formed, according to the National Association of REALTORS®. Much of that increase may occur in the next two years. Within that time, the U.S. Census Bureau predicts that renter households will grow from 38 million to 41 million. Landlords will be collecting checks every month from these renters. You could be one of those landlords!
Posted on: Fri, 14 Jun 2013 21:17:25 +0000