The Wall Street Journal recently reported that Tampa is the #6 top-ranked market for rental-home investors. This is according to a report from HomeVestors of America, a property-investment firm, and Local Market Monitor, a real-estate data firm.
This is excellent news for investors looking for Tampa investment property, because right now prices on wholesale investment property in many areas within the Tampa Bay real estate market are at rock bottom. This creates a perfect storm for property investors: low prices combined with a strong demand for rentals=positive cash flow and long-term passive income.
At Champion Properties of FL, we specialize in helping our VIP Buyers find investment properties in Tampa Bay that make great long-term cash flow properties, and giving them these properties at low, low prices. Join our VIP Buyer’s List (just enter your name and email over there on the right) to take advantage of these special deals.
Top 10 markets for rental-property investors
1. Las Vegas
2. Detroit, Mich.
3. Warren, Mich.
5. Bakersfield, Calif.
6. Tampa-St. Petersburg
8. Ft. Lauderdale, Fla.
9. Rochester, N.Y.
10. Stockton, Calif.
(Source: HomeVestors/Local Market Monitor)