Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago,

User Stats

293
Posts
135
Votes
Tim VandenToorn
  • Real Estate Professional
  • Rockford, MI
135
Votes |
293
Posts

Why invest?

Tim VandenToorn
  • Real Estate Professional
  • Rockford, MI
Posted

I have been asked:  Will the rental market always be this strong?  With real estate recovering will you be able to sustain rent prices where they are? 

I strongly believe that although there may be a slight dip,  the long term answer is yes!  

Due to a higher rate of divorce, increased single parenthood, the over-all delay of marriage, slow wage growth, high debt to income ratios, more stringent mortgage qualification, higher home prices, and a more mobile society investors will continue to see a strong rental market. (is that a run-on sentence?)  In addition although three-quarters of new house-holds purchased homes in the 90's fewer the half do now.  

According to the Furture Workplace 91% percent of Millennials (born between 1977-1997) expect to stay in a job for less than three years.  This means they will be moving, and moving means they will be renting.  This is down from the average of 4.4 years in 2012 according to the Bureau of Labor Statistics.

What is your driving long term interest?

The time is now! Don't wait.