Is Now A Good Time To Buy Investment Property? - 6/24/2021

Absolutely! People always need a place to live, which makes owning real estate a great commodity in which to invest. Although real estate values are on the rise, mortgage interest rates continue to remain near historic lows, so purchasing now while financing is cheap is a smart move. The cost of gas, groceries, lumber, and many other consumer goods are on the rise as the dollar continues to lose value. Real estate can be an excellent hedge against inflation, especially as the value of real estate is increasing. Rents are also on the rise, so investors are seeing increased rates of return on their investment properties. In the past twelve months, we have seen rental rates increasing roughly 12% on average. The shortage of available rental properties (both houses and apartments) and high demand will continue to push rents higher for the foreseeable future. In addition to increased rental income and growing equity, rental properties provide valuable tax deductions. Hunter Rentals & Sales has over thirty-five years of sales and property management experience in the Fort Hood area and surrounding communities. Call or email us today and ask to speak with one of our licensed agents and put our experience to work for you.