Raleigh NC – The return on investment is very good because of a tight rental market caused by the housing crisis. Rents have increased while home prices have dropped.
Single Family Homes are the best way to go because they are easy to rent and you can prescreen for the absolute best tenants. Good tenants are the key to avoiding problems.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
Have you ever noticed how apartment complexes have to work hard to rent their apartments? Meanwhile, most single family homes are rented without much effort.
Homes tend to attract more stable tenants that are older and have more stable, established jobs.
How to avoid problems with a rental property. Before agreeing to rent to a prospective tenant, ask to look at their financials.
Banks ask for copies of tax returns, bank statements, and pay stubs before approving a loan. I don’t think a tax return is necessary.
But, you can get a much better idea of whether or not someone can pay you when you have copies of bank statements and/or pay stubs.
It will be very hard to get this from someone renting an apartment. But, there are much less homes for rent and more people looking to rent a home.
That extra demand will allow you to request that information. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an e-mail at ken@goldensrealty.com. I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (919) 606-8751
Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.
Thinking about a loan modification? Our Raleigh loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.
Thanks for reading this, Ken Smith.
Ken is a Real Estate Broker at Goldens Realty. Raleigh Short Sales Realtor:
Phone: (919) 606-8751. ken@goldensrealty.com.
Friendly, loyal, intelligent service!
View My homes for sale at www.GoldensRealty.com.
Ken Smith specializes in loan modification assistance and short sales in Raleigh North Carolina. Raleigh Loan Modification Help, Raleigh Short Sales. Raleigh Short Sale Realtor. Raleigh NC Short Sales. Raleigh Realtor.
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