If you’re looking for a place to invest some money (other than the stock market) you should consider owning a rental.

  • During the first quarter of this year rental vacancy rates dropped sharply from 8% in 2010 to 5.2% in 2011.
  • The price of rents are on the rise. From early 2010 to early 2011 75% of metropolitan cities in America experienced an increase in rents. During that same time period  the nationwide average rent went from $967 to $991.

For investors, the rental industry is booming and many real estate experts believe that growth will accelerate over the next 3-5 years.

As a seller this also means selling your income property will bring a better return as more buyers jump into the Income Property business.