As we look forward to all 2020 has to offer, you may be wondering how you can generate more income without having to put in more hours away from your precious loved ones. The stock market has been extremely volatile in 2020, so putting your money in a different asset class could be a great idea.

Airbnb management services for the Phoenix Metro market. If you have a short-term rental or are looking for a property as an investment, we can help. In 2017 the median home value in Phoenix is $211k. The home values have increased 9.5% since 2016, and they are predicted to rise another 3.5% in the next 12 months. The median price per square foot is between $147 and $154 depending on the area. Median home prices are $268,519 and median rent prices are $1,325 a month.

Austin has seen some of the highest increases in rent (besides San Francisco) in the last 6 years. That line goes up! We use the Airbnb pricing algorithms to make sure you always get the highest booking rates. Investor Forms also checks how much your property is booked for the month, if there is a portion that is available, we adjust the pricing accordingly so you always have income.

The current median home value in Chicago is about $223k to $299k. The home values have gone up in Chicago over 8.5% in the last twelve months, and Zillow predicts they will continue to rise another 3.2% by the end of 2018. In Chicago the median rent price is $1,795, per month, which is higher than the median of $1,695 for the metro area. These continue to rise year over year.

The median value for homes in Las Vegas is $218k. The values for homes has increased over 10% in the past 12 months! Zillow believes they will increase another 6% in 2018. The median rents are around $1,350 a month for the entire Vegas area.

The median home value in Los Angeles is around $631k. LA values have increased over 8.1% in the past 12 months and predicted to rise another 2.2% by the end of 2018. The median price for renting is near $3,500 a month. Homes are expensive, but using short-term rentals, you can get a much better return on an investment property.

In Prescott Arizona, the median home value is $344k. The values of homes has risen 6.7% over the past year. The median list price per square foot in Prescott is $197. The number of foreclosures is 0.2 homes per 10,000. The percent of delinquent mortgages in Prescott is 0.3%, which is lower than the national value of 1.6%.

The median home value in Seattle is around $670k. Seattle home values have increased over 14.5%  since 2016, and Zillow predicts another rise of 7.3% by the middle of 2018. The median price listed for homes as of July 2017 in Seattle is $650k. The most important figure (for us real estate investors) is median long-term rent pricing, which is at $2,550 a month. With short-term rentals, you can expect a much higher rate than that (we can’t say exact numbers).

Currently the median home is valued at $551k in D.C.  Typical home values have increased over 7.2% just in the past 12 months! The median price of homes currently listed is $565,950.  The median rent in Washington D.C. is abut $2,650 which is great for investors. The foreclosure rate in Washington D.C. is at 1.6 homes per 10,000, which is at the national average. Very few homeowners are delinquent on their mortgages, which is currently near 0%. The number of people underwater on their mortgages is around .1% which is around the national average.