Based on estimated returns on investment in single-family home rental properties of 316 markets, Las Vegas is your best bet to invest on rental properties. Orlando, Tampa, and Fort Lauderdale - all in Florida - also made the list.
Les Christie of CNN Money reports:
"Overall, the highest ratings are in markets where home prices have fallen substantially. Home prices in these markets are also below average, so empty homes are easily turned into competitive rental properties," explains Ingo Winzer, founder of Local Market Monitor.
For Vegas, having the highest foreclosure rate in the nation and a 55% homeownership rate mean that a lot of people who once owned a home are now renting. As a result, "investors in Las Vegas who rent out the properties they buy now will have a 4.7% higher return than the 5.3% national average," Winzer says.
FULL STORY: 10 best cities to buy a rental property
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Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Village of Glen Ellyn
Central Transportation Planning Staff/Boston Region MPO
Heyer Gruel & Associates PA
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Regional Transportation Commission of Southern Nevada
Toledo-Lucas County Plan Commissions