“Investing in Rental Properties”
I have been a real estate investor for many years and that is the case for many of my clients. There are four main areas that I am seeing:
1) Ocean and lake property
2) Rental properties around colleges
3) One to four family homes in areas where rents continue to rise because of location
4) Properties that are purchased at a low enough price to get a return on the investment
How are you? It is that time again, we are ready once again. Want to chat about buying another rental property in RI, And will need a pre-approval for a mortgage.
The client that sent me this email has rental properties near a college. She gets crazy rental income from students and the units are all rented. When a unit needs to be renovated they have a company that is in an out in a week and they are ready to go again.
This type of rental investment isn’t for everyone, but this gal has it down to a science and will soon get to the point where she can live and retire from her real estate investments. Do you see a time that there won’t be demand for rental housing around colleges?
Who else do you know that needs my help?
Image courtesy of jcreationzs/freedigitalphotos.net
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Joe Petrowsky, NMLS #6869
Right Trac Financial Group, Inc. NMLS #2709
110 Main St.
Manchester, Ct. 06042
Office: 860 647-7701 x116
Fax: 860 647-8940
Cell: 860 836-9294
Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.
Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.