Tampa and its surrounding areas have the perfect market conditions to support the booming rental market. About 40% of all inventory is from post 2008 foreclosures and short sales. Not only does this create a great baseline of inventory that can be obtained affordably and then rented out, but the displaced homeowners that used to own those properties won’t be able to buy a home for some time. Not to mention the amount of transient people that are constantly flocking to the area. Lots of inventory + lots of renters = lots of money to be made. Are you missing out?
Active Military
With MacDill AFB being so close many of the active military members may not realize that renting out their homes instead of selling them when transferred can produce enough rent to pay for the mortgage. Thus creating an investment property that they could eventually return to or simply use as another source of income.
Home Investors/Flippers
Flipping and investing in real estate has taken off especially since it has been popularized by tv. Most flippers sell their homes for a profit, but if you have the capital why not rent it out and utilize the rent to help pay for other investment properties?
If you are interested in taking advantage of a property you own and leveraging it to create working capital give Real Property Management Instant Equity a call at (813) 445-8280 and we can help you start down the road of investment real estate and renting out your home.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
