There is always a big demand for rental homes which means opportunity for investors like yourself. Did you know that there are 75 million households renting in approximately 48.5 million rental properties in the United States? That’s nearly 59% of households in the US! Tenants pay more than $487 billion annually in rent, creating passive income streams for their landlords.
According to Realtor Magazine:
“Property owners of single-family rentals continue to see climbing profits. U.S. single-family rents rose 3% year-over-year in November 2019, according to CoreLogic’s Single-Family Rent Index, released this week. The index measures rent changes among single-family rental homes, including condos. Since 2010, single-family rents have been increasing, stabilizing at around 3% since early 2019, CoreLogic reports.”
The best investment properties have their costs covered by the monthly rent and the appreciation of the property’s value. As real estate investors ourselves and seasoned real estate agents, we help repeat investor clients and first-time investors build their wealth and portfolio through real estate purchases. Whether single family homes, condos, or townhomes, there is money to be made in real estate investing! Contact us to get started with your first investment property.
With their Multi-Cultural Background, over 35 years of combined experience selling Real Estate and because they are Licensed in New Jersey, New York and California, Rahul, Smitha and their team can offer global reach. They have lots of experience representing a diverse group of clients, from Local New Jersey Buyers & Sellers to Relocation and International/Foreign Buyers, Sellers and Investors. Rahul and Smitha are exceptionally well-respected Realtors in the industry with high ethical standards and GLOWING REVIEWS. Their team offers a high level of expertise, innovative technology and cutting-edge real estate marketing and sales solutions. They specialize in Morris, Somerset, Essex and Union counties.