Tuesday, March 18, 2008

Investment income from rental properties is big business; and you can tap into this resource when investing in Durham foreclosure homes. Durham is the perfect city for this investment opportunity. North Carolina's fourth largest city, Durham is Duke University's home and is also the birthplace of the Bull Durham Tobacco Company.



Durham has a population of over 1 million people, making investing in Durham foreclosure homes a perfect idea. People have a need for rental homes especially in a city where there is a large college community and this is definitely true in Durham. Foreclosure listings can be found in close proximity of Durham's college campuses and sports facilities.

Durham foreclosure homes range from as little as $14,900.00 to well over $150,000.00. This gives the investor looking to purchase Durham foreclosure listings to rent out a great advantage. If you are looking to invest in more than one property, the lower prices can enable you to do just that. The market is ripe at the moment in Durham and projections for the upcoming year, in foreclosed homes, looks good as well.

Investing in Durham foreclosure homes and using them as rental properties can mean a steady residual income. Finding that there is such a need for this service can help you to decide to purchase several more homes in Durham. Bank foreclosures are such a great deal because they can be found for prices below their actual market value.

Rental income is a great way to invest in your future. Because rental properties are widely popular it can also be very secure investment. Durham foreclosure homes are a product that there will always be a specific need for, and there will always be a need for rental homes. Durham bank foreclosures can help you procure a property to use as a rental home and save you money at the same time.

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