With home prices and interest rates so low, people who are looking to make some extra money are tempted to buy an investment property. The property can then be rented out to make some extra cash. With stocks and home values unstable, some are seeing rental properties as a great way to earn income in retirement.<\/p>\n
Rental properties can be a great investment if they are in high-demand areas and a person does thorough research to ensure they are getting a good deal. Nationwide, there is demand for renting as many people either have to walk away from their home or cannot qualify to take advantage of the buyer\u2019s market in real estate. Average monthly rent is up 2.5 percent from a year earlier and is an average of $846 a month. <\/p>\n
Financial and real estate advisers recommend that you research the ability to get 1.25 percent of the purchase price for (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" With home prices and interest rates so low, people who are looking to make some extra money are tempted to buy an investment property. The property can then be rented out to make some extra cash. With stocks and home…<\/span><\/p>\n