With the crazy adjustments in the stock market and large global cities on the verge of filing bankruptcy, investment property continues to be a valuable place for cash heavy investors. Additionally, with interest rates rising, several hot cities should see a small increase in inventory available for purchase. According to MSN Money, the top 10 rental cities are the following:
1. Las Vegas - 8.6% vacancy rate and average rent amount of $803/month
2. Orlando, Florida - 7.9% vacancy rate and average rent amount of $871/month
3. Colorado Springs, CO - 5.3% vacancy rate and average rent amount of $713/month
4. Memphis, Ten - 11.2% vacancy rate and average rent amount of $682/month
5. Jacksonville, Florida - 10.2% vacancy rate and average rent amount of $800/month
6. Houston - 10.2% vacancy rate and average rent amount of $792/month
7. Atlanta - 9.1% vacancy rate and average rent amount of $849/month
8. Columbus, Ohio - vacancy rate 8.6% and average rent amount of $690/month
9. PHOENIX, AZ - 8.9% vacancy rate and average rent amount of $755/month
10. Oklahoma City - 8.3% vacancy rate and average rent amount of $584/month
RPM West Valley offers full service phoenix property management services including but not limited to marketing/advertising your property on 40+ websites plus property signage; conducting thorough checks of background, criminal, credit, employment and rental history; handling all lease documentation; coordinating maintenance with our own maintenance staff or sub-contractors; full interior/exterior inspections with pictures; collecting rents, serving notices, handling evictions, providing detailed monthly accounting statements and notifications online and also offer direct deposit options with a dedicated Accounting Manager; and filing Monthly Privilege Taxes for your property.
For more information contact us info@rpmwestvalley.com, 855 748 7841
