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Conduct a thorough local rental demand analysis before you sign a contract to buy a rental property.
The first-time home buyer market share decreased to a historic low of 24% (down from 32% last year), while home buyer's ages hit all-time highs of 56 years overall (49 last year).
If you allow the seller to stay in a property you are buying after the closing, make sure you have an airtight occupancy agreement that clearly spells out the dates of occupancy and the consequences of failure to abide by those dates.
US housing inventory is up 20% from the same time last year.
When you rent a property, set up all appointments to show the property at the same time--this saves you time and creates more urgency for tenant applicants to make a decision.
290,000 new properties in the US were built in high risk flood areas from 2019 through 2023.
