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It’s no secret now that the single-family rental market is booming. What isn’t known is that “secondary cities” are leading the way.
There is no shortage of opportunities, and single-family rentals are demonstrating strong interest nationwide from all kinds of investors. While different investors look for different qualities in markets, many of them taking a long-term view, searching for metro areas with strong, sustainable growth prospects.
Forbes put together a team of real estate analysts and sent them off to find out which smaller cities should be most attractive to investors.
Las Vegas is leading the way, buoyed by a record number of convention visitors. In the last year, Las Vegas’ population has increased by 2.5%! And rental prices have soared by over 10%. The spike in rent is a strong indication that Las Vegas is primed for sustainable growth.
Read on HERE:
Consider investing in a professionally managed portfolio of single-family homes? Please contact Harold Willig at harold.willig@springviewinvestments.com or 917-209-4452.
Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience.