HomeVestors Focuses On San Francisco Rental Property And San Jose Rental Property


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Real estate investors who are looking to purchase San Francisco rental property or San Jose rental property should be able to take advantage of the number of potential tenants in these regions. 

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 investors who are interested in San Francisco rental property or San Jose rental property should realize that these two markets are in a strong upward trend.  Over the last year, rental rates have boomed, as property values have increased significantly.  Those who are able to acquire rental property in either of these cities are likely to turn a profit, as these markets continue their upward momentum.

San Francisco rental property has experienced substantial increases in rental rates over the last year.  Since average rental rates around the city increased 14.8%, those who own rental property are likely to see a significant increase in their bottom line.  In addition, San Jose rental property has experience a 13.2% increase in rental rates over last year.  Investors who are interested in either of these cities should find that their rental rates continue to increase, as tenants are flooding these markets.

Those who want to purchase San Francisco rental property or San Jose rental property should be able to capitalize on the influx of tech workers who are migrating to the area.  Since the majority of the world’s tech companies are located in these two cities, expect that the levels of population in these regions will continue to increase.  Those investors who are able to purchase rental property that is near these tech companies should be able to capitalize to the greatest degree.

The average rental rates for both San Francisco rental property and San Jose rental property are about $3000 a month.  At the same time, median property values are right around $1 million, forcing the majority of the population into renting property, rather than buying it.  Since people continue to populate these regions, rental rates are likely to continue to escalate even through they are already astronomically high.  Real estate investors who take the time to perform a cap rate and cash flow analysis should get an idea for how much they are likely to earn.

Those investors who are interested in capitalizing on either San Francisco rental property or San Jose rental property should be able to take advantage of property value increases and rental rate increases over the next couple of years.

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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