Thursday, June 21, 2012

Location, Location, Location!

            Location is very important when it comes to investment properties. So my wife and I wanted to find a house as close to Brigham Young University as possible. The University is an anchor for stability when it comes to keeping any rental property full with tenants. As long as BYU is around, and I imagine it will be around for a long time, we will have renters willing to pay to live in our house. This same principal holds true for any location around the world. As long as your rental is near a main hub that consistently attracts people to stay for a prolonged period of time, then you will always find potential renters. That being said, universities make a great hub to attract prospective tenants if you are looking for a good location to buy a house. The demand is constant for housing in these areas.

             What other hubs have you seen that make great locations for rental properties?

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