America is Becoming a Landlord's Delight! Guys! This happened in the 70s..I was THERE!

Reblogger Wallace S. Gibson, CPM
Property Manager with Gibson Management Group, Ltd.

Having been in the BIZ in the early 70s...same thing happened then...LANDLORDS and PROPERTY MANAGERS will $AVE the real estate industry and keep America housed until the lending and mortgage industry can REadjust!!

Original content by Mike Carlier

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.

E.J. "Mike" Carlier  Apple Valley MN

Keller Williams Realty Integrity Edina

612-916-3033

http://www.prettygoodhomes.com

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Rainmaker
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Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Many of the renters force to do the cash down the trash with poor credit and inability to buy a property often are not the most current with that rent check. There is a reason many are renting, not owning. No other choice.

Oct 28, 2011 11:38 PM #1
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