Columbus, Georgia is a hot rental market, and one of the reasons for that is our tenant base. A lot of military tenants are in town, and they’re looking for high-quality rental housing. Ft. Benning is one of the largest training bases in the United States. Thousands of soldiers spend six months or a year or longer in the area. Often, they move into town with their families.
This means there is a large pool of tenants who are responsible and well-qualified.
If you’re in the military and you’ve purchased a home in the area, we can understand why. The market is accessible in Columbus, and you can find affordable homes that also make great investment properties when you’re ready to move out of the area.
When you find yourself, as a homeowner, needing to move out of the area because new orders have arrived, you can sell your home. Or, you can rent it out. Here’s why that’s a better idea.
Hold onto an Appreciating Asset
One of the best reasons to hold your property and rent it out is that you’ll continue earning equity.
If you sell your property, you can cash out and walk away with some money. But, if you hold onto that property, you can sell it in 10 or 20 years and earn even more on it. Your tenant is paying down your mortgage while you benefit from the rising value of your investment. To Continue Reading, Click Here
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