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Tips to Buy Rental Properties and Create More Positive Cash Flow with Rentals


When researching locations for your next rental home purchase, start wide and research the job market of the city/county/region where you are considering purchasing investment properties. Because you need a large pool of tenants who can afford to pay rent on your properties, look for locations with growing employment opportunities, high median annual pay and a higher-educated employee pool. For example, according to Forbes 2016 Fastest Growing-Places, owning rental properties in Raleigh, NC is a smart move for landlords as its local job market is promising and its median annual pay for college-educated workers is also highly ranked. In fact, Raleigh, Durham and Chapel Hill are perennial “Best Of” list-makers, making the Triangle a highly desirable market for real estate investors year after year.

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