Data is showing that the market is ripe for single family investors. RentRange, a company that analyzes the single-family rental industry recently ranked the top 25 Metropolitan Statistical Areas (MSA) by the average rental rate increase.
Both Milwaukee-Waukesha-West Allis MSA and Madison MSA ranked in the top 25 for rising single family rental rate increases
- Milwaukee #7: An average of 17.2% increase in single family rents, first quarter 2016
- Madison #12: An average of 14.3% increase in single family rents, first quarter 2016
This means two things:
- If you are a current single family investor or one thinking about becoming one, your income potential is great in Wisconsin. Be sure to talk with a First Weber real estate agent who can assist you with the purchase of your investment property
- If you are currently renting an apartment or a single family home and want some control over your monthly payment, the only way that appears to be possible is to become a homeowner yourself. Maybe buy a duplex and rent out the other half while you make your home in the other? Whatever happens while renting is not in your control. We can help you achieve homeownership. Just get in touch with an agent or search for properties at firstweber.com and contact us when you find one you like
First Weber sells real estate throughout Wisconsin: Metro Milwaukee and Southeastern WI, South Central Wisconsin/Greater Madison, Southwest Wisconsin, Western Wisconsin, Central Wisconsin, Northeast Wisconsin and Wisconsin’s great Northwoods. You can start searching for Wisconsin real estate and Wisconsin real estate agents at firstweber.com