Rentals in Anchorage, Alaska

[Jessica S.]

Hi there, Looking to get feedback from those that have experience in the Anchorage, Alaska rental market. My husband and I are from there and typically return about every 2 months. We currently have 1 rental with decent return that has been rented for (5) years with 2 months total in vacancy. Right now Anchorage is undergoing many changes in terms of the oil jobs, state budget crisis and some increased crime. Many landlords are putting places up for purchase. For the long term, I'm thinking now would be the time to buy. Several places have decent cap rates (over 12%) and I have property mgmt + very reliable parents that will be physical eyes & ears. Curious about your thoughts on the outlook of the Anchorage market.