Why should you consider investing in or buying rental properties you ask?
Our economy is forever changing. No one will ever be able to exactly predict where and when financial or economical pitfalls will occur. The one thing that has stood the test of time however is people will always need places to live.
As told by The New York Times in there recent article "The Nation's home ownership rate has been falling for eight years, down to 63.7 percent in the first quarter of this year from a peak of over 69 percent in 2004". Another words with home ownership falling that leaves a huge majority of people looking to rent rather than buy.
Being a rental property owner gives the freedom to have an investment they know will thrive even with changes in our economy. Many families are looking for more long term rental opportunities rather than moving form place to place.
Property owners can use this to there advantage and maintain a steady source of additional income by investing in properties that tenants find appealing. By investing in quality properties and tenants you are not only helping to make communities better but neighborhood property as well, and that's a win win for everyone.
Check out more on the New York Times article at: http://www.nytimes.com/2015/06/24/business/economy/more-americans-are-renting-and-paying-more-as-homeownership-falls.html