Best State to Buy Rental Property

1. Best State to Buy Rental Property When putting resources into the Best State to Buy Rental Property, it's vital to know all costs you're paying for including local charges. Local charges can extensively affect rental property income, which is the reason you want to know how much your local charge rate is. Be that as it may, local charge rates change fundamentally from one state to another. In this manner, depending on where you're contributing, local charges can either be a bother or a significant weight on your investment property speculation. A few financial backers favor purchasing investment property out of state if local charges are too high in their state. Here is the Best State to Buy Rental Property with the most reduced local charge rates: 1. Hawaii  Middle Property Price: $927,247  Value Per Square Foot: $675  Customary Rental Income: $2,161  Airbnb Rental Income: $4,288  Airbnb Occupancy Rate: 59%  Normal Airbnb Daily Rate: $218  Cost to Rent Ratio: 36  Normal Days on Market: 135 2. Alabama  Middle Property Price: $302,768  Value Per Square Foot: $148  Customary Rental Income: $1,174  Airbnb Rental Income: $2,615  Airbnb Occupancy Rate: 52%  Normal Airbnb Daily Rate: $174  Cost to Rent Ratio: 25  Normal Days on Market: 104 3. Colorado  Middle Property Price: $589,983  Value Per Square Foot: $556  Customary Rental Income: $1,935  Airbnb Rental Income: $2,764  Airbnb Occupancy Rate: 57%  Normal Airbnb Daily Rate: $207  Cost to Rent Ratio: 25  Normal Days on Market: 98