Make More Money with Colorado Rental Property Loans: Rental Trends 2019

Sunday, April 7, 2019

Make More Money with Colorado Rental Property Loans: Rental Trends 2019

Overall, the experts claim that now is a good time to invest in the rental market. For many, investment in rental property requires a lending source. Conventional lenders for many are out of the question or incapable of meeting the demand of real estate investment. Hard money is the favored alternative for real estate investors. Hard money Colorado rental property loans are able to help you take advantage of the rental market.

Trends in rental property investment:

Many people are renting rather than purchasing homes: Millennials are a substantial cause of the rise in renting. Many look back to the Great Recession as the cause. The Great Recession has led to a greater cost of tuition leading to greater debt in order to attend college. These debts along with an economy with less employment opportunities as past generations have delayed millennials from making decisions such as home ownership. With less millennials purchasing homes, the renting rates have seen a gradual rise over the past several years. The younger generation is not the only generation that is renting. Recent trends suggest that the retired and elderly are more likely to rent. Here are some of the reasons for the renting trend. First, downsizing. Many are finding that they no longer need the room like they once did. Aside from this, relocating to be closer to family members as well as selling property to avoid maintenance.

Rent is rising faster than income: With a steady rise in rental demand, the prices of rental properties are rising as well. While, this is not too surprising, it has become a challenge for many, especially since “half of all renters pay more than 30 percent of their income” according to curbed.com.

Shortage of homes on the market: A shortage of homes on the market has led to a rise in the price of housing. Due to this scenario, many households are renting instead of buying a home. The demand for homes along with the demand for rentals are simultaneously on the rise. While this is the general case in the US, it should be noted that in certain areas, newer homes are reducing the cost of rent, despite many years of upward movement. This is because in certain areas homes are being developed at a fast enough pace enticing home ownership over renting.

Increase Earning Potential with Colorado rental property loans

Strong rental market.

“Apply for Colorado rental property loans today.”

For more information on Colorado rental property loans, talk to your broker at Level 4 Funding. Level 4 Funding has the direct hard money private lending options at competitive rates. Having funded over $40,000,000 Level 4 Funding has the experience and the expertise to meet your real estate lending needs. Apply for Colorado rental property loans today.

Dennis Dahlber Broker Ri CEO Level 4 Funding LLC Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO

About the Author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters and 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.