US rental property market heating up
Demand is up and rents are rising in the US rental market, partly as a
result of foreclosures that have turned 4 million former homeowners into
renters.
Many factors make this a great time to invest. Homes in many areas are
low-priced while demand for rentals has risen, with Orlando among the
top ten.
Buying a rental can be a good long-term strategy with real estate. The
typical investor today plans to hold for 10 years, according to a survey
by the National Association of Realtors.
Posted: 2 September 2011
Source: CNN Money
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