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