Looking ahead to the real estate landscape of early 2025, landlords and property investors are looking to identify the most promising markets and Salt Lake City and Phoenix rank high as great places for landlords.
Laure Beck with MSN writes, “ While our previous analysis of the best cities for landlords in 2024 provided valuable insights, the dynamic nature of real estate means new opportunities are always emerging.”
Seamus Nally, CEO of TurboTenant, puts Salt Lake City in the spotlight. “Salt Lake City is a pretty great city to be a landlord,” he said.
“There are minimal rent control regulations and pretty relaxed landlord laws, plus homeowners insurance costs are well below the average,” Nally added. “A lot of Salt Lake City landlords actually benefit from the demand, as it frequently leads to bidding wars.”
Along with Salt Lake City, other cities in the top list for landlords in 2025 are Columbus, Ohio, Phoenix, Nashville, Charlotte and Denver.
While these cities show promise, it’s important to remember successful real estate investing requires more than just picking the right location. Derrick Barker, CEO of Nectar, is all about making sure you have good people around to help out. “Surrounding yourself with the right team — real estate agents, mortgage brokers, property managers and contractors — makes all the difference,” he said.
Phoenix also a top place for landlords in 2025
Sebastian Jania, owner of Ontario Property Buyers, sees Phoenix as a hot spot for landlords. “Phoenix also offers a robust employment market and a cheap cost of living, which draw more and more individuals to the region.
For landlords, this means a constant flow of prospective tenants and a low vacancy rate,” he explained.
The article originally appeared on GOBankingRates.com: Best US Cities To Be a Landlord in Early 2025.
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