How much rent can my Philadelphia property get? That’s easy!
Use the Rent Calculator below and a property manager will determine an estimate on how much rent your Philadelphia property will rent for, based upon comparable rental properties in your neighborhood. We will email you, your report, including your property’s rent range. I think you will find it very accurate!
What makes owning a rental property such an incredible investment is that rents always trend upwards as debt trends downwards.
Meaning, that in an up real estate market, where properties cost more to buy – rents tend to go up.
And in a down market, when properties cost less to buy, rents again tend to up.
But in an upmarket, and especially in a downmarket, inflation continues and this greatly reduces debt (such as a mortgage). This time next year, if you owe a dollar for your property (say to a lender), that dollar’s value will be less do to inflation. As the dollar devalues, so does your debt.
So each year we expect your rents to increase (your cash flow) and we also expect your property equity to also increase (your wealth!); but your debt to decrease.
This not only makes rental property investing recession proof, it actually creates immense wealth, And this is just that economic dynamic alone.
There are so many other financial benefits to rental property investing – That’s just one of them!
~ Joe White, Owner Grow Property Management
