HomeVestors Knows Why Rental Property Is In The Limelight

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Rental property is more popular now then any time in the past because the current economic situation has placed many people in rentals.

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years.  The company knows that rental property is an investment that will always stand the test of time.  In the current economic landscape, rental property has been placed in the limelight, as the number of individuals looking to rent property has increased dramatically.  This demand has directly resulted in an increase in rental rates and many investors have turned their focus to finding rental property.

Rental property is for those who have a long-term vision and understand the current housing trends.  Investors who have excellent credit and the necessary capital to pay for a down payment are able to secure lender financing and benefit from a long-term holding, while having their tenants pay for the mortgage.

These investors must be stable people who are willing to put in the necessary effort to keep a rental looking its best, find potential tenants and deal with all the legal issues that go along with the investment.  Those who don’t want to deal with these issues can hire a professional property management company who can take care of these aspects.  Either way, a great deal of effort must be put forth in order to secure a profitable investment.

Rental property is an extremely popular real estate investment vehicle as of late, due to the rising rental rates across the nation.  Those who can lock in the current interest rate when securing a mortgage have the ability to pay the same amount each month, but generate more and more positive cash flow throughout their investment.  The other reason that rental property is extremely popular is that many of these properties are increasing in value.  Not only will investors make more in the short-term, but they will also end up owning a property that has appreciated in value.

Other reasons that rental property is in the limelight is because there are many positive attributes when it comes time to pay taxes and many expenses can be written off at the end of the year.  Save all the receipts for anything pertaining to a rental property and present them to a tax preparer at the end of the year.  Those who have a property management company don’t have to worry about this aspect, as they will handle taking care of the taxes.

Rental property is the perfect real estate investment for those who are able to secure it.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying and rehabbing residential properties.  Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community.  In 2012, for the seventh consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction.  For more information, visit www.HomeVestors.com.

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