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Lethbridge Rental Properties-00-3940
Lethbridge Rental Property
The Lethbridge rental market is always toughest the end of August and the beginning of September. This is primarily due to the large number of students who arrive in Lethbridge to attend the Lethbridge College or the University of Lethbridge. Between these 2 post secondary institutions there are over 20,000 students! Not to mention the thousands of staff and related business they bring to the community.
For a little city with a population of just over 84,000 this is a huge influx of people needing rental accomodations in Lethbridge.
The vacancy rate this time of year is 0. In fact, it is usually below zero, with some students commuting from neighboring towns or staying in motels as temporary accomodations.
This also presents a great opportunity for real estate investors. Rental propery in Lethbridge not only delivers positive cash flow, but also has a reliable annual supply of tenants. This is the reason that so many investors from all across Western Canada have discovered this hidden gem.
If you are interested ...
... in discussing the variety of properties that are available in Lethbridge, and exactly how they can provide you with a solid invesment as well as monthly cash flow, feel free to contact me. I have been helping people make smart real estate decisions for over 15 years. There are properties and investments to suit every buyers tolerance for risk and reward. Lethbridge interest rates are at historic low levels and financing options for investors are amazing.
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About the Author:
Robert May is a Realtor, as well as the broker and owner of Rainbow Realty of Lethbridge Alberta . He is also a licensed Lethbridge mortgage broker and financing expert with Canada First Mortgage of Calgary Alberta. He has been in the Lethbridge real estate industry since 1993 and offers full Lethbridge MLS real estate services to Lethbridge and surrounding area, as well as Lethbridge mortgage financing, mortgage refinancing , and preapprovals. Check the following link: homes for sale in lethbridge
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