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Archive for June, 2015

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Advice for Tenants

Home Sweet Home

A tenant asked me today why I didn’t have any advice for tenants at my blog.  That kind of stumped me, because this blog is for landlords.

But I actually do have some very important advice for tenants:  Buy a home.  Do it now.  Don’t wait.

Interest rates are going up, and you’ll be able to buy less and less home in the future because of the higher cost of money.

Home prices are increasing.

And rents are going way up.

You’re welcome.

 

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Rents are Climbing!

rent increases since 1988

Here’s a chart showing U.S. rent increases over the last 25 years.  This is not a big surprise for any income property investor, but dang that chart is pretty impressive!  Read the details at the KCM Blog.