It seems kind of silly to have to ask the question, "is that a bedroom?" when you see what obviously looks like one. Our friend, you might just be surprised that what you see might NOT be a bedroom
Own To Rent The Single Family Home
Are you tired of that upstairs neighbor, doing the hokey pokey at all hours of the night, or leaving his dog in the apartment alone to bark at every fly that goes by? Well there's some interesting information out right now that shows you may have a great option waiting for you out there if you must continue to rent. It's called the single family home.
In the graphic shown below, furnished by Zillow Research, studies by the U.S. Census Bureau's Current Population Survey are concluding that the single family home, once strongly associated with resident homeownership, are now being rented. In fact, after holding stable for the better part of two decades, the share of single-family homes that are rentals has increased sharply since 2005. Some of this rental inventory is credited to investors who were able to obtain single family dwellings and in some cases flip, but in other cases, repair, remodel and hold to rent.
If you're in a situation that may warrant making your current single family home a rental property, come talk to us at The Shields Team. We've worked with numbers of buyers and sellers who are buying homes to hold as rental investments, and as well, sellers who may want to move up, and hold their current home as a rental to assist with monthly funds for a larger payment. Either way, we'd love an opportunity to sit down with you and deduct which solution may be best for you. We're a phone call away at (423) 433-6517, and are almost always in the office inside Keller Williams Realty, 1033 Hamilton Place in Johnson City. Call us today!
Holding a BS in Environmental Science, and MA in Education, real estate was not Shields Team Buyer Specialist Rayne Price's first career choice. It was only after encouragement from his wife and a cl....
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