HomeVestors Realizes That Louisville Rental Property Is Increasing In Value

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Real estate investors who are looking for a profitable region to purchase rental property should consider Louisville, as the economy is improving.

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 realizes that Louisville rental property appears to be an excellent investment because the overall vacancy rate is extremely low.  Louisville also has strong job growth and is calling people from around the country to move into the city.  While the cap rates in Louisville aren’t overly attractive, the annual median rental rate increases are significant, offering investors an increasing positive cash flow on their investment.  Those who want to invest in an up-and-coming area should consider the benefits that Louisville offers them.

The reason that Louisville rental property is starting to command respect is because the vacancy rate in the city is 3.85%.  This extremely low rate allows investors to keep their rental property full of tenants and earn the largest possible cash flow.  Since the city is increasing population, the demand for a rental property continues to go up in tangent.  This dictates that increases in rental rates and property values throughout the city are likely to be the trend over the next couple of years.

Those who are considering investing in Louisville rental property should consider the job growth in the region when making their decision.  Since jobs have been increasing on a yearly basis at a rate of 3.85%, the demand for rental property is following suit.  Since jobs are one of the most important factors in any economic situation, improvements in this regard have the potential to increase market values significantly.  Those investors who capitalize on this trend now, before a significant increase in population, should be able to earn the greatest profit with their rental property.

Investors who are looking at purchasing Louisville rental property should realize that the cap rate in this city is 8.35%.  While this isn’t extremely attractive, the annual median rental rate increases are pegged at 3.92%.  In other words, those who own rental property can expect to earn about 4% more in rental rates on a yearly basis.  Since rental property is all about positive cash flow, investors should take note of this factor when deciding whether to purchase rental property in Louisville.  Those investors that do should end up earning a greater profit year after year, while paying down their investment in about 12 years time.

Investors who are looking for a profitable investment should consider Louisville rental property.

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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