What is Cincinnati Rental Market?

What is Cincinnati Rental Market?

In a Cincinnati rental market, landlords feel the pressure to decrease rents. Rental income is dropping, costs are increasing, and the return on investment is plummeting — the word is survival. Real estate investment is a long-term investment and this economic storm will have to be ridden out.

How do you know if a rental market is good?

• Evaluate the Neighborhood. ...
• Identify Comparable Properties. ...
• Calculate the Price Per Square Foot of Comps. ...
• Adjust the Rental Price for Amenities. ...
• Determine the Cost of Properties for Sale.

Is owning rental property worth it?

Concentration of Assets. One drawback to investing in a rental property is that for most people, owning a rental property is a serious concentration of their assets. It would take a significant portion of the average American's net worth to fully own a rental property.