Why Single-Family Homes Make Great Investment Properties

Despite losing their homes to foreclosure, many families are unwilling to give up living in a single-family home. So instead of renting apartments, they are renting single-family homes in droves. According to Fannie Mae and based on U.S. Census data, single-family home rentals was the fastest growing segment of the real estate market from 2005-2010 (I know that it is hard to think of any segment of the real estate market growing during that time except for distressed sales). If you are thinking of buying an investment property, a single-family home in a desirable neighborhood is the way to go. If your rental rate is competitive, you'll have people lining up to rent it.