The rental market has grown rapidly since the pandemic and rental prices are nearly 30% higher than they were before the pandemic. With the interest rates expected to start dipping a little in 2024, the cash-on-cash returns will be a little bit more attractive very soon. Homeowners are looking to unlock the equity they accumulated in their homes during the recent boom years to finance a rental property.
In fact, the largest segment of real estate investors are the landlords who buy and hold properties for supplemental rental income. Even though it is a large segment most of the real estate investment forums, training classes, and advertising, caters to the professional investors who are employing strategies such as fix-n-flip, buy-build-sell, etc. There is little to no services available to the income investors and they resort to gathering information and conducting their research on online IDX portals such as Zillow and Realtor.com. Read the complete article on Prospektr.ai website.
