Time to Start Thinking Rental Investments in Lake Forest, California

In 2010, only 114,000 new multifamily units were built in the United States.  That is significantly fewer than the number of units lost to natural disasters and those torn down.  Over the last few years, few new units have been built, and demand is continuing to grow.  Most experts are predicting a 7% to 10% increase in rents in 2011.  With prices low, and potential income increasing, now may be one of the best times to consider purchasing investment property.

Sail Boat half enhanced and cropped (Medium)I have a very hot rental property that I am rehabbing right now.  It will come on the market in a few weeks and is across from the Lake with full lake privileges.   It is a 2-bedroom with a lovely patio-yard and a direct access garage!  Will be priced in the $250K/$265K range. More to come later.

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