Why Now Is a Great Time to Invest in Rentals

The real estate market is changing, and change can scare people. Most people would rather wait for conditions to become predictable before they start making investments. There’s just one problem with that: you can’t stay ahead of the curve unless you can anticipate trends. Instead of following the pack, why not put yourself a step ahead of the game? Learn why now is an excellent time to invest in rentals, and beat other investors to the punch.

Take Advantage of Current Housing Trends

Millennials aren’t buying homes like their parents once did. In fact, over 70% of millennials are renters. That means it will be harder to make money with conventional real estate strategies such as flipping houses. However, it also means that you will have an easier time finding tenants if you invest in rentals instead. More people looking for rentals means more potential interest in your property. It also means you will be able to pick your tenants, which means you can select safer and more stable people to live in your investment.

Advantages of Investing in Rentals

When you invest in rentals through a company such as Professional Home Buyers, you’ll gain several advantages. Firstly, you will pay less tax than usual, since you will be able to deduct property taxes and other costs that come with a rental investment.
Another key advantage to investing in rentals is that they provide a steady monthly income once you have tenants. Since potential tenants are more common these days, investing in rentals can be more stable than it has ever been before.

Some people worry that investing in a rental will force them to take on all the responsibilities of a landlord. That is not always the case. In fact, many turnkey real estate companies take on maintenance and property management duties on your behalf. Doing so allows you to profit from your investment without overworking yourself. It also allows you to manage your investment from a distance if you prefer—perhaps even from a different state.
The current state of the market and the many low-maintenance opportunities available make it smart to invest in rentals. For more information on how we can help, contact Professional Home Buyers as soon as possible.

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