With the crazy adjustments in the stock market and large global cities on the verge of filing bankruptcy, investment property continues to be a valuable place for cash heavy investors.  Additionally, with interest rates rising, several hot cities should see a small increase in inventory available for purchase.  According to MSN Money, the top 10 rental cities are the following:

1. Las Vegas – 8.6% vacancy rate and average rent amount of $803/month

2. Orlando, Florida – 7.9% vacancy rate and average rent amount of $871/month

3. Colorado Springs, CO – 5.3% vacancy rate and average rent amount of $713/month

4. Memphis, Ten – 11.2% vacancy rate and average rent amount of $682/month

5. Jacksonville, Florida – 10.2% vacancy rate and average rent amount of $800/month

6. Houston – 10.2% vacancy rate and average rent amount of $792/month

7. Atlanta – 9.1% vacancy rate and average rent amount of $849/month

8. Columbus, Ohio – vacancy rate 8.6% and average rent amount of $690/month

9. PHOENIX, AZ – 8.9% vacancy rate and average rent amount of $755/month

10. Oklahoma City – 8.3% vacancy rate and average rent amount of $584/month

RPM West Valley offers full service phoenix property management services including but not limited to marketing/advertising your property on 40+ websites plus property signage; conducting thorough checks of background, criminal, credit, employment and rental history; handling all lease documentation; coordinating maintenance with our own maintenance staff or sub-contractors; full interior/exterior inspections with pictures; collecting rents, serving notices, handling evictions, providing detailed monthly accounting statements and notifications online and also offer direct deposit options with a dedicated Accounting Manager; and filing Monthly Privilege Taxes for your property.  

For more information contact us info@rpmwestvalley.com, 855 748 7841