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Tampa Ranked #2 as BEST City in Nation to Invest in Rental Property [STATS]

Thinking of investing in real estate in Tampa Bay?  I wanted to share with you the Rental Property Investor report created by All Property Management, which ranked the Tampa Real Estate Market as the 2nd best city in the nation to invest in rental property.

The 2014 first quarter report has just been released and Tampa received a Rental Property Score of 94% based on the steady job growth rate of 3.40%, increasing rents at 4.01%, a housing appreciation rate of 7.30%, and a strong rate of return on rental investment at 10.13%.

Current RPI Scores for 2014   APM
What is an RPI Score? (Rental Property Investment Score)
The RPI score is a measure of a market’s attractiveness for rental real estate investment. It was developed by All Property Management to offer property owners a convenient way to assess the attractiveness of real estate markets throughout the U.S. from the perspective of the owner of a rental property, which can be very different from that of the owner-occupied homeowner.
Please find the report by visiting All Property Management; all the data used to compile this report was based on national data and statistics.

Written by Rae Catanese, Realtor

Licensed Realtor since 2002, Tampa Bay’s own Rae Catanese regularly gives expert advice and insider tips about the Tampa Bay real estate market via her blog, The Tampa Real Estate Insider. If you are thinking of buying or selling a home in the Tampa, St. Petersburg or Clearwater areas-then this blog is for you. I typically post articles once a week. To make sure you don’t miss my newest posts, you can subscribe here! Have a real estate question? Email me here!

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