This seems to be the time to be buying a few rentals!! Woodlands investors should be looking for single-family rentals!

Posted on April 12, 2008. Filed under: General, Investors | Tags: landlord |

Notice the latest figures from HAR for the Houston area for March 2008…. sales of single-family rentals are up 10% vs the same time last year. Dollar volume is up 17%…. average rental rates are up 6%!!!

With so many foreclosures and with a tough time getting new loans unless your credit is in very good shape, this is predictable… more people are demanding rentals and, as we know, an increase in demand usually generates in upward move in price.

So, this could be a very good time to invest in a few rentals and take advantage of a good rental market to get you building some equity for the future.

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One Response to “This seems to be the time to be buying a few rentals!! Woodlands investors should be looking for single-family rentals!”

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I like Barry Powell’s Creative Financing ideas for buying property; it makes your tenants have that “buyer” mindset rather than “renter” mindset. I hope it’s okay to mention this… http://www.rsctraining.com

Chris Foster
April 21, 2008