America is Becoming a Landlord's Delight

Industry Observer

According to an article by Lawrence Yun there are 1.4 million more renters in America today than a year ago.  This is good news for landlords and aspiring landlords, because the increased demand without corresponding increases in supply translates to higher rents.  If you're thinking about buying some income property, the cash flow projections should become increasingly more attractive.  If you're a renter, you can probably expect to see your landlord with a new truck after he raises your rent.

Given the attitude today in Washington that America will be better off as a nation of renters, investment property looks better every day.  If you're interested in watching your money grow, love tax incentives, and don't mind being just a little participatory with your investments, you may want to consider becoming a landlord.  Call if you want to explore that possibility.

If you're a renter, it's probably time to start thinking about declaring your independence from your landlord.  Get your own place and freeze the monthly payments for thirty years.  You'll never get a deal like that from the guy with the new truck.  The transition from renting to owning is easier than you probably imagine.  Call if you want to talk.

Maybe you are a renter who has a little entrepreneurial spark.  Why not buy a duplex or larger, and get your own renters to help pay your mortgage?  It is not an impossible goal.  Let's talk about it soon.

Posted by

 Mike Carlier  Lakeville, MN





Re-Blogged 3 times:

Re-Blogged By Re-Blogged At
  1. Mark Delgado 10/28/2011 03:33 PM
  2. Wallace S. Gibson, CPM 10/28/2011 11:14 PM
  3. Charles Stallions Property Manager 03/24/2012 12:26 PM
Real Estate General Information
Minnesota Dakota County Burnsville
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Minnesota Real Estate Investor Group
Minnesota Real Estate
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Jeff Jensen
The Federal Savings Bank/Lending in 50 states - Greenwich, CT

I actually dusted off my buy vs. rent comparison last week and sent an updated version to all my agents.

Oct 28, 2011 08:48 AM #1
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Isn’t this a trend you wish you had a crystal ball to forecast. 

Oct 28, 2011 09:47 AM #2
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

I would love to have the money to invest in real estate right now.  It's such a great time to buy.

Oct 28, 2011 10:04 AM #3
Mark Delgado
houses for rent, Solano County & Glen Cove - Benicia, CA
Benicia and Vallejo, Property Management, rental h
The key to profit in investment properties is hiring a knowledgeable property manager that can navigate tenant laws, maintenance, rent collection and all of the other details.
Oct 28, 2011 03:32 PM #4
Michelle Francis
Tim Francis Realty LLC - Atlanta, GA
Realtor, Buckhead Atlanta Homes for Sale & Lease


Amazing time to be a landlord!  The rental demand in our area is through the roof with many homes having multiple rental applications such that owners get their choice!

Great blog. 

All the best, Michelle

Oct 29, 2011 04:12 AM #5
Mike Carlier
Lakeville, MN
More opinions than you want to hear about.

With the possibility of a stagnant economy for an extended period, the rental market is likely to continue to outpace any new supply.  For anyone who has been waiting (I'm not sure for what), now id the time, whether to graduate from renting to owning your own home, renting to owning and renting out half a duplex, or to put some of that almost 0% interet money you've been holding in CD's to work. 

Oct 29, 2011 04:26 AM #6
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Mike Carlier

More opinions than you want to hear about.
Everyone has opinions -- what's yours?
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