The US housing market continues to grow with rising prices and new construction supported by a strengthening domestic economy. According to new data released by the NAR, the National Association of Realtors, home prices are still rising. However, a rental property is only valuable to you if there is a person willing and able to use the property and pay you rent. If you buy a house standing by itself in the middle of a desert, the prospects of you finding a tenant are very poor. What you want is a hassle-free cash flowing property near lots of well-paid people. Those people want to live near their jobs and the amenities they enjoy. Learn the seven steps for picking a suitable and strong rental market.

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7 Steps for Picking a Strong Real Estate Market
The US housing market continues to grow with rising prices and new construction supported by a strengthening domestic economy. President Trump, love him or hate him, has plenty of options to boost the economic forecast and the housing markets from California to Texas to Florida. It's a seller's market across the country with persistent buyer demand. Despite gloomy housing forecasts, the last four years have completely missed the mark. It has been strong and there's a lot of growth, strong demand, and low inventory.

According to new data released by the NAR, the National Association of Realtors, home prices are still rising, although a lack of listings is suppressing sales. That means low inventory. It's been 35 plus straight months of declines in home sales. That means that the market is tight and continues to be tight, which makes it challenging if you're looking to buy a home. It’s great if you're a seller and if you're a real estate investor, we can feel the pain. If you're looking for rental properties, it's tight. How do you pick a market and properties that make sense for investment purposes? A rental property is only as valuable to you if there is a person willing and able to use the property and pay you rent. If you buy a house standing by itself in the middle of a desert, the prospects of you finding a tenant are very poor. You want a hassle-free cashflowing property near lots of well-paying people. Those people want to live near their jobs and the amenities they enjoy.

Loop Holes of Real Estate

For property to be suitable, it must be located in a market that passes the litmus test that I'm going to go over with you. It's the seven steps for picking a strong rental market. Regardless of the market that you're in, wherever your properties are located, you need asset protection. It is necessary and it is affordable. No one wants litigation, but it happens. It's part of life. Corporate Direct has protected thousands of clients for over 30 years. Corporate Direct is owned and operated by attorney and author, Garrett Sutton who has written the bestsellers, Loop Holes of Real Estate and Start Your Own Corporation. It's important that you have the formalities of your entities in place and properly set up. They need to be current. If you haven't done your annual minutes or followed the other formalities, Corporate Direct has a corporate cleanup service. Give them a call or visit them at CorporateDirect.com. Their phone number is (800) 600-1760. Get a free fifteen-minute consultation with an incorporating specialist.