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In last month’s North Carolina 100 article, I provided you with 14 tips to become a more profitable landlord.
The first tip generated many questions, the most common one being “What specific rate of return can be expected in today’s market?” After a thorough analysis of a large sample size of cases, I found the current market’s rate of return to be 5.84%.
Find out how I found the above answer here. For a more detailed analysis on a property of your choice, you can schedule a time with me or modify our sample with your property specific data.
– Scott Korbin, Coldwell Banker HPW