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Thinking of Buying Rental Property?

A recent report from Rented.com, 150 Best Places to Buy a Vacation Rental Property in 2018, compares the costs of homeownership in a particular city to the short-term rental potential. They calculated the return on investment of rental properties in 150 cities around the U.S. Of course, the return on investment depends mainly on the strength of the market where the property is located.  The study also looked at purchase price, local property taxes, home insurance and maintenance plus data from management companies, among other measures. Rental conditions change from year to year, however, among the top 25 “Best Places to Buy,” eight cities were listed both on the 2017 and 2018 “Best Places” lists. Here are the top 10 for 2018:

1. Panama City Beach, FL

2. Chicago, IL

3. Napa, CA

4. Tulsa, OK

5. Memphis, TN

6. Nashville, TN

7. Killington, VT

8. Seattle, WA

9. Navarre, FL

10. Atlanta, GA

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A recent report from Rented.com, 150 Best Places to Buy a Vacation Rental Property in 2018, compares the costs of homeownership in a particular city to the short-term rental potential. They calculated the return on investment of rental properties in 150 cities around the U.S. Of course, the return on investment depends mainly on the strength of the market where the property is located.  The study also looked at purchase price, local property taxes, home insurance and maintenance plus data from management companies, among other measures. Rental conditions change from year to year, however, among the top 25 “Best Places to Buy,” eight cities were listed both on the 2017 and 2018 “Best Places” lists. Here are the top 10 for 2018:

1. Panama City Beach, FL

2. Chicago, IL

3. Napa, CA

4. Tulsa, OK

5. Memphis, TN

6. Nashville, TN

7. Killington, VT

8. Seattle, WA

9. Navarre, FL

10. Atlanta, GA