4 Benefits of Investing in Rental Homes in OKC

 

With the economy showing signs of recovery all across the nation, there is no shortage of potential investment opportunities. From stocks and bonds to private capital, there are many choices that offer respectable returns. Locally, many people are taking notice of the real estate recovery, and opting to invest in rental homes in OKC.

 

If you're planning to invest, here are four reasons you should pay attention to single-family homes in Oklahoma City:

 

1) Leverage

Real estate offers the ability to take better advantage of leverage than in many other comparable investment opportunities. In most cases, you shouldn't need more than 20% of the property's purchase price in order to take ownership. Oftentimes that requirement is even lower.

 

2) Tax Benefits

From 1031 Exchanges to depreciation deductions, there are a number of tax advantages when it comes to real estate. With the help of an experienced accountant, there are many ways to keep more of the money you earn through owning OKC homes for rent.

 

3) Prices Are Still Low

After ups and downs throughout the past decade, the real estate market is finally showing stability. Investors that have been hesitant in recent years are now coming back to the market, but not yet in full force. That means there are still many great deals out there with huge potential.

 

4) Property Managers Lower Stress

The biggest thing stopping many people from investing in single-family homes in Oklahoma City is the fact that they don't want to be landlords and deal with tenants. Luckily, professional property managers can take all of those responsibilities for a relatively low cost.

 

Up Next: Three Types of Oklahoma City Rental Properties to Avoid

 

 

 

 

 

 

ONEprop Oklahoma LLC is a Real Estate Brokerage licensed by the State of Oklahoma, OREC license number 157720