Investors who buy homes to turn them into rentals expect that renting out a home will prove more lucrative than flipping over the long haul. What’s key is patience, and basing the original purchase on good information about the health of a particular real estate market.
- Rental prices are going up in many California cities, some showing double-digit gains.
- Yields on housing used as rental properties grew more slowly than rent increases.
- Los Angeles ranked sixth on RentRange's new list of top 25 metros.