How to Find a Rental Property in an Expensive Market

Author Adidas Wilson
3 min readOct 14, 2020

Investors venture into real estate hoping for long-term passive income. Rental income is capable of providing consistent passive income, but real estate investment can be risky. Buying at the wrong time may cause you to lose a significant amount of equity.

If you are a newbie rental property investor, you may want to keep your day job as you learn the ropes of real estate investing. Start by doing research on healthy markets then establish realistic estimated profits and rent prices. Experts recommend that you invest enough in the properties so that you can have a positive cash flow. This way, you will not have to spend your income to run the business.

Currently, it is difficult for newbie homebuyers to buy houses because most of the affordable ones are under negative equity. 18.8% of mortgaged homeowners in the U.S are underwater and cannot sell their homes without cash at the closing table. Because of this and expensive national rents, families have to rent at very high costs. The market may be ideal for landlords but not for rental property buyers.

To engage in bidding wars, you will need a lot of money. Fortunately, some of the areas where properties are most expensive are highly demanded by renters. Be a smart buyer and buy properties in locations where both the rent and demand for rental houses are…

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Author Adidas Wilson
Author Adidas Wilson

Written by Author Adidas Wilson

Adidas Wilson was born in Chicago, surviving a near death experience driving off a bridge in an 18 wheeler and getting hit by a train. Author and Motivator

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