Another Advantage for Raleigh-Durham Rental Property

Another Advantage for Raleigh-Durham Rental Property

In one of the popular slide-show formats, Kiplinger recently highlighted the top 10 cities for renters based on low rent rates.

Guess which city came in number 1? Raleigh, NC.

The article stated that the entire Raleigh-Durham region is great for renters for the following reasons:

·Renter population: 31.8%

·Average monthly rent: $640

·Cost of living: 7.4% below the national average

·Rental vacancy rate: 11.7%

The article also highlighted the university systems and the convenient public transportation as added benefits for renters.

To read the entire article go to:

If you live in the Triangle area and want to get started investing in rental properties, now is a great time.

Interest rates are still low and many good rental properties are still available.