Most rental markets in the U.S. favor landlords at the moment, as more Americans are renting rather than buying. With the nationwide vacancy rate at a low 4.1%, most landlords simply do not need gimmicks to lease out their rental investment properties right now. Make no mistake, smart-home automation is coming, and soon. Besides, most of these smart systems are likely to become less expensive even as they grow smarter over the next few years; smart home devices are still primarily the domain of tech-loving early adopters.
I and my partners invest in four different real estate investing markets thorough out the United States. Some markets are great for rentals, others perfect for rehabs and some are so HOT – properties are sold before they are listed. Below are descriptions of the markets that we invest in from an investor’s perspective.
One of the most smartest and most efficient ways to grow your investing business is to find and market to – Motivated Sellers, Buyers, Potential Renters and Investors. Real Estate Investing Marketing targeted to many different types of leads may even potentially uncover property investments deals long before the general public and real estate agents get their hands on it.
In commercial real estate you must have a Narrow Niche Focus in order to be a successful investor. You absolutely need to know what type of property of what size, age and condition you are looking for and what you intend to do to add value once you buy it. It is basically a case of Focus or Fail.