Turning residential properties into rentals is such a substantial investment that REITs, or Real Estate Investment Trusts, have been buying large portfolios of single-family homes, and holding them as rentals.
Whether you’re new to investment properties or you’re
looking to add another property to your portfolio, you’ve likely considered
buying up foreclosure properties. Given the
difficult economic climate, a lot of homeowners are forced to walk away from their
properties, leaving the bank to try to reclaim lost money through foreclosure
sales.