If you’re tired of rising rent, should you consider becoming a landlord? That’s the tack of a recent story on CNBC that suggests with a lackluster bond market and shaky stock returns, people should turn their attention towards investing in rental properties.
Indeed….and a great place to start is your local REIA – where you’ll find the necessary resources and expertise you’ll need to get involved in the world of real estate investing.
“…single-family rental homes made up about 9 percent of the U.S. housing stock before the housing bust. Now they are about 13 percent and still rising, according to Moody’s. Some 13 million of the 22 million new households that will form between 2010 and 2030 will likely be renters, instead of buyers, according to the Urban Institute”