Renters See Prices Skyrocket

As home prices have fallen to levels not seen in nearly a decade, rent prices have been on the rise due to rising demand for rental housing and the lack of new unit construction. According to HotPads.com, national home rental rates are up 6.7% from just a year ago. What does this mean for a real estate investor? It means you can buy homes at low prices and rent them for good money. Click here to read full article from SmartMoney Blogs.