Columbia, SC Real Estate- Columbia, SC Homes for Sale- Rental Income Properties
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Columbia, SC Real Estate- Columbia, SC Homes for Sale- Rental Income Properties
Considering investing in Columbia, SC real estate? Investing in a rental income property can be very lucrative, especially in today's market where you can find many homes for sale for less than market value. If you are able to take advantage of these opportunities to buy a short sale, foreclosure, or an REO property, you can greatly increase your profits since you will most likely have to put up less money upfront.
For smart investors, investing in rental income properties can be a very secure way to create monthly cash flows. You can invest in a distressed home, do some renovations, rent it out while house prices are low, and after holding it for a desired amount of time, you can sell the property for more than you purchased it for!
WHY NOW?
- Even though housing prices have fallen, rents have not!
o According to Robert Sheehan, the consulting economist for the National Apartment Association, "last year rents rose 3.5% - the highest increase since late 1990's."
- Property appreciates with time, especially if you are in a stable market such as Columbia, SC.
- Many homeowners have been displaced because of foreclosures meaning there are a lot more house renters on the market today.
o Past homeowners who are forced to become renters typically prefer to rent a home rather than an apartment (which is great for those investing in single family rental homes).
o Additionally, those who have been homeowners are likely to be better tenants since they understand the responsibilities of homeownership.
Learn more about buying homes for under market value:
One of the most important ways to start smartly investing in rental income properties is to work with an experienced agent. Our Realtors(R) here at Exit Real Estate Solutions can help you find a great property in Columbia and Surrounding Areas for an amazing price as well as offer valuable advice and knowledge.
PLEASE FEEL FREE TO CONTACT US AT OUR WEBSITE OR CALL US AT (803) 708-2646.
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Blog Signature: Columbia SC Rental Income Properties, Real Estate Investments, Financing, Lexington SC Rental Properties, Irmo SC Rental Income Properties, What is a rental income property?, Columbia Listings, Homes for Sale, Columbia SC Real Estate, Investment Opportunities, Lexington SC Real Estate, Irmo SC Real Estate , REO's, Short Sales, Foreclosures
Buying or selling a home or property should be one of the most enjoyable experiences of your life. Most of the time, it’s the largest investment you will make. Jae Kim of EXIT Real Estate Solutions in Columbia, SC is your Award Winning Real Estate expert in Blythewood, Columbia, Lugoff, Elgin, Lexington, Irmo,Chapin, Camden,
Cayce, West Columbia, and the rest of Greater Columbia. This is what we do every day. We can simplify the process for you so that you can enjoy the the experience and avoid the pitfalls that often result in stressful transactions. Call 803-348-3052 today for World-Class, Award- Winning representation.