
Used to be that people bought investment homes for the appreciation. Profits relied on house prices going up and not necessarily on the underlying fundamentals of income. With rents firming up and vacancy rates down, it may be time to talk to your investors. Of course, financing now will require a 20% down payment, but [...]
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Given the current economic climate I think rental property will be a viable investment for many years. Due to job loss, medical issues, bad financial decisions, divorce etc. people will have credit issues for a long time. Foreclosures and bankruptcy affect your credit for 7 years. That means that for 7 years those people who [...]
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