The foreclosure crisis transformed America into a market of renters and rent collectors. The share of single family homes used as rental properties has surged to a 30-year high. Only 65 percent of homes purchased in 2015 are owner-occupied. A recent report by Bloomberg shows how it is easier to be a landlord now than it has ever been in the history of the U.S.
The share of U.S. households that rent is at its highest level since 1965. Downtowners can take full advantage of the situation by renting a nice loft in the most exciting neighborhood on Earth, while at the same time buying a positive cash flow rental income investment property for as little as $33,000 that already has a property manager and tenants.
And they’re renting some nice lofts in Downtown LA:
Several amazing deals on rental income properties for sale under $50,000 with positive cash flows are available that have already been refurbished, property managers hired, and renter tenants already been in place. Get a free list of these positive cash-flow investment properties. MORE | REQUEST
Tens of thousands are flocking to Downtown LA because it provides the most efficient lifestyle with the coolest lofts for sale and for lease with open space, big windows, lots of natural light, and walkable to coffee, restaurants, shopping, entertainment and transportation.
The best apartments, lofts and condos for lease in Downtown LA are often not listed on the internet. Get VIP access to these unadvertised bargains. Fill out the online form:
LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]
Copyright © 2016 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.