HOUSINGNEWS REPORT
BLURRED STATE LINES BENEFIT SFR INVESTORS
SINGLE FAMILY RENTAL RETURNS BY COUNTY: 2018 2.3% 28.6%
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foreclosure rate during the 2008 subprime meltdown, you might have wanted to buy property in a market where median sales prices remained relatively stable, like Charlotte, North Carolina.” But in addition to the chance to earn a higher ROI, long-distance investing also gives investors the option to diversify. Investing in properties located across state lines can serve as a safety net; allowing investors to pad out their portfolio with a range of assets that add a measure of protection from local and isolated market fluctuations. At the end of the day, diversifying is a safer strategy — and something that investing in multiple markets allows investors to benefit from. Outsourcing Property Management Getting started with long-distance SFR has never been easier.
“The ability to invest in up-and-coming markets that may be better than what’s available in one’s own backyard is one incentive for investing across state lines. Out-of-state properties often offer a better ROI than anything that’s available in an investor’s hometown.”
the greatest potential; allowing them to grow their portfolio far more quickly than they’d be able to if they were limited to the pool of properties in their own hometown. At Renters Warehouse, we’re proud to support investors who are looking to invest in out-of-town properties. Our team provides on-the-ground local support; making it far easier for investors to outsource the nitty- gritty daily activities of property management; freeing them up to instead focus on growing their portfolios.
markets that may be better than what’s available in one’s own backyard is one incentive for investing across state lines. Out-of-state properties often offer a better ROI than anything that’s available in an investor’s hometown. “People who live in depressed areas but don’t want to move for work or personal reasons may be better off renting in their hometown and investing in real estate where the economy is stronger,” writes Amy Fontinelle, financial journalist and personal finance expert, highlighting the value of long-distance SFR investing. “For example, if you lived in Las Vegas, the city with the highest
Benefits of Long-Distance SFR The ability to invest in up-and-coming
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OCT 2018 | ATTOM DATA SOLUTIONS
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