Opportunity from Low Interest Rates for So Long

Interest rates have been low for an extended period of time to stoke the economic recovery after the Great Recession.  This environment leads to house appreciation and also people using equity in their house to purchase second homes (sound familiar).  One area where you may have more opportunity in property management is in managing second homes.  You can target communities that are popular second home spots – by the beach, by ski mountains, etc.

There may be more homes that need help than the current companies can provide – or they may be stretched thin with not enough staff and therefore not keeping up with service – this opens up opportunity for you.

Good luck!

Published on April 8, 2018 in Property Management

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About the author

russell-final - compressedEducated at Cornell University. Trained in the United States Army. Russell Munz has taken resources from both of these experiences to benefit you with the documentation included in the Quick Start Property Manager Program. Read more about Russell…

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