All Topics / Overseas Deals / Top 20 markets in the US for single-family investment homes

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  • Profile photo of SamDanielsSamDaniels
    Participant
    @samdaniels
    Join Date: 2013
    Post Count: 10

    RealtyTrac just released some data on the top 20 cities for buying single family homes in the US, which might be of interest to watchers of this forum.

    Sam

    Profile photo of Nigel KibelNigel Kibel
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    @nigel-kibel
    Join Date: 2005
    Post Count: 1,425

    The question should be are single family homes the right sort of properties to be buying at present.

    Personally I prefer apartment complexes. Firstly if you own a 5 or 10 or 59 unit complex your risk is less, if a property becomes vacant it does not destroy your cash flow. Secondly you can currently achieve 60% bank finance on this type of property at rates around 5%

    Finally these type of investments apart from showing returns over 10-15% also provide a strong chance for capital growth

    Nigel Kibel | Property Know How
    http://propertyknowhow.com.au
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