7 Reasons To Invest In Rental Properties In Portland
Are you thinking about investing in rental properties in Portland Oregon area but, you’re not sure if it’s the best investment for you to make or not? If so, are you’ve come to the right place.
In this article, we will provide you with 7 reasons why you should consider investing in rental properties in Portland, or elsewhere across the United States.
Reasons To Invest In Rental Properties In Portland
Reason #1 – You Can Purchase Rental Properties Using Leverage
The first reason to consider investing in real estate in the Portland area is leverage. Thankfully, with real estate, you can borrow 100% of the money that you need to invest in your first rental property without having to save money to get started.
Reason #2 – Demand
Even though we’ve had some ups and downs this year due to the pandemic in the United States, demand for rental properties in Portland, and other locations nationwide, has never been higher. This is thanks in large part to the fact that our country is a nation of renter’s now and more people from multiple generations would rather rent than buy.
Reason #3 – Return On Investment
Another excellent reason to consider investing in rental properties in the Portland Oregon area is the return on investment that you will enjoy as a real estate investor.
Rental Properties always bring good ROI, especially when owners are able to do the work needed to rehab their properties themselves.
Reason #4 – Passive Income
With real estate, you can earn passive income from your investment, regardless if you invest in single-family or multi-family rental properties. The key to success with earning passive income though is hiring a property management company to manage your Investments for you because this will enable you to invest in more properties without having to manage multiple properties yourself.
Reason #5 – It’s A Traditional Investment That Works
Yes, there may be many non-traditional investments in the world today like Bitcoins, but the good news is that with real estate, it’s a traditional investment that’s worked for millions of investors over the years and it continues to work today because it’s an resource that people need and it’s one of the best ways for every investor to build wealth while establishing passive income.
Reason #6 – Predictability
Real estate is also a predictable investment that continues to generate a steady return on investment every year despite the ups and downs of the economy, the jobs market, or other economic conditions.
Reason #7 – Variety
Besides the reasons that we’ve offered you for investing in rental properties in Portland, another excellent reason that you should consider for investing in rental properties is variety.
Rental properties are never boring; you can invest in single-family, multifamily, or commercial properties to grow your portfolio of income properties.
As we mentioned earlier, the key to success with investing in rental properties is hiring a property management company to professionally manage your properties for you.
Contact Rent Portland Homes – Professionals
To learn more about the benefits of investing in rental properties in Portland, or the property management services that we can offer you, contact us today by calling or click here to connect with us online
