According to Greg Rand, CEO of OwnAmerica, now is the time to buy and rent. He recommends buying to hold, especially in Florida. No one becomes a landlord by choice. Many owners are being forced into becoming a landlord because they can not sell their home for what they owe. Others are investors that see a financial gain at their fingertips. Well, the financial gain of being a landlord may be now. With home prices at 2002 and 2003 prices, it may make good sense to buy and rent it out. With interest rates and property prices very low, many are saying now IS a good time to become a landlord. There is a growing number of tenants. Due to the current housing market, the demand for rental property will continue to outstrip supply for much of 2011 and 2012. But, being a landlord is not for everyone. You need to take all factors into account, such as vacancy, maintenance costs and the late night calls. If you don’t want the headaches of being a landlord, call us at 407-682-7296 and we will handle your investment as if it were our own. You sit back and reap the benefits. Click above to view the full video.
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