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A Forbes article recently stated that now is good time to buy an investment property. The article cites four reasons why this is good time:
- Low interest rates
- Market shifting towards a buyer’s market
- Stability of an investment property in a recession
- Earning money through cash flow and property appreciation.
Other factors to consider are vacancy rates, appreciation rates and how long the property will be held as a rental. If you’d like to read the entire article, it is here, https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/15/four-reasons-now-is-the-time-to-invest-in-rental-property-ownership/#458d7f3a1e78
We are here to help you and your clients with all aspects of the rental market. Please contact us for further assistance!
Nothing found herein should be construed as an attempt to offer or render a legal opinion or otherwise engage in the practice of law. You should not rely solely on this information. We encourage our clients to work with a lawyer experienced in commercial and/or residential real estate matters as they can be complicated and confusing.
