Investors tired of unpredictable stock market and low paying bank bonds have started experimenting with real estate. While it is widely accepted that real estate promises good returns, new investors are still doubtful where and how to invest.
Investment specialists at National Realty Investment Advisors, LLC report that rental townhome properties are the best investment as per present market conditions.
Below are the reasons why you should consider making your first real estate investment in a rental property:
Low risk – Rental townhomes don’t require large investment as they don’t need to be high on luxury & modern amenities. The risk factor obviously is less in buying 2-bed 3-bath rental apartment as compared to a 5-bed mansion with swimming pool.
High Profits – Even if you are thinking about flipping houses, you need to wait at least few months to make a profit. In present market, the wait can go up to a couple of years. Rental townhomes on the other hand start generating profits sooner.
Affordable options – There are various real estate investment companies that help people purchase & manage rental properties at small investment. NRIA is one such company that builds and manages residential properties at just $11,900.
Less Hassle – Managing rental properties used to be a challenge in itself but not anymore. There are property management services available that will take care of rent collection, property maintenance, and other cumbersome tasks.
Investment in rental properties is also best suited to investors who are more interested in repeat income rather than one-time profits.
Learn how you can own a rental townhome without investing large amount of money.