Investment Property 201 Seminar: Renting Homes for $1500+ Per Month
| March 23, 2010 | ||
| 6:30 pm | to | 8:00 pm |
The volume of higher priced homes that are being sold in either short sales or foreclosures is creating an opportunity for investors. The previous owners of these homes are now in need of a place to live. Most have been homeowners for years and have no desire to move back into an apartment or multi-family setting. These new tenants probably have good income and a strong desire to remain in the neighborhood. They may have simply had a blip in their financial lives as a result of a job loss, medical problem, divorce or other temporary situation that led them to be unable to pay their mortgage payments.
This type of tenant can be fantastic to have as they understand how to maintain a property, they pay their rent on time as they have good jobs, and there are looking to put root down somewhere. With this opportunity in the market, we want to teach you how to rent to these types of tenants. How do you find someone that is willing to pay $2000 or even $3000 per month for rent? What types of properties work best? How can you command that rent?
Steve Rajavuori, from REI Property Management, will be sharing his experience with renting properties in this price range (over $1500 per month). Come to this free seminar and learn from an expert.
Sign up on our registration form or call 612-281-5419 for more information.
This really seems like a great niche market! I know there is alot of demand for this type of housing, even in the Albertville area. Thank you!