I just got approved plans for two single family homes I plan to use for rental property , should I wait ?
March 25th, 2010 | by admin |The property in located in Hawthorne, California. Because of the climate of the housing market should I put this build on hold.
YOU wish to rent them out. I do not
know anywhere where the rental
market is slow.
Do your reseach and if it shows
good rental strength in your
area, put them up!
thanks for asking
2 Responses to “I just got approved plans for two single family homes I plan to use for rental property , should I wait ?”
By kemperk on Mar 25, 2010 | Reply
YOU wish to rent them out. I do not
know anywhere where the rental
market is slow.
Do your reseach and if it shows
good rental strength in your
area, put them up!
thanks for asking
References :
out of state RE broker
By Beatrice C on Mar 25, 2010 | Reply
If you are able to buy them at a good price (below market) and the rent will exceed the mortgage payment, then I say do it. The need for good affordable rentals is great everywhere. Research and make sure the area you are buying in, does not have a glut of rentals.
References :