Atlanta is HomeUnion’s latest top pick as the market that could offer the best opportunities for single-family rental and apartment rental investors. There is also a great option called corporate housing, st louis extended stay apartments offer furnished units. Home prices in Atlanta have yet to recover as solidly as other markets so investors there are more likely to jump in at a lower cost, yet still be able to charge higher rents due to demand from the metro’s growing job market, notes HomeUnion, a property management company.
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“Atlanta has moved up the list. They were late to the [recovery] party and are now seeing 3.5 percent rent growth,” says Steve Hovland, director of research at HomeUnion. “They’re also having a big decrease in single-family-rental vacancies.”
The following metro areas topped HomeUnion’s “opportunity” rankings for single-family rental homes with property management companies reportedly used:
- Atlanta
- Orlando
- Seattle
- Las Vegas
- Chicago
- San Diego
- Oakland, Calif.
- Detroit
- Dallas-Fort Worth
- Memphis
Source: “Here Are the 10 Hottest Rental Markets to Make Investors’ Landlord Dreams Come True,” CNBC (Feb. 8, 2017)
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