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Diversify Your Portfolio by Renting California

The following real estate tips contain all the information you need to know about about how to diversify your portfolio by renting. Read on for simple yet effective ideas on how to rent instead of buy in California.

Local Companies

Mission Hills Mortgage Bankers
(559) 228-6678
1312 E. Shaw Ave #101
Fresno, CA

Empire Home Loan
916-783-8080
151 N Sunrise Ave
Sacramento, CA

Countrywide Home Loans
(661) 397-2535
5101 Ming Ave
Bakersfield, CA

First Alliance Mortgage
(619) 426-2725
660 Bay Blvd
Chula Vista, CA

Nohemia Mortgage Relief and Co
(619) 781-8178
629 3rd Ave
Chula Vista, CA

Community Financial
800-785-4952
1099 E. Champlain Ave. Suite A#276
Fresno, CA

The Mortgage Mentors
(916) 526-2896
2377 Gold Meadow Way
Gold River, CA

California Mortgage Loan
800-785-4952
155 E. Shaw Ave. Suite 303
Fresno, CA

Ricoh Business Systems
707-628-5213
1001 Galaxy Way, Ste. 102
Concord, CA

U.S. Mortgage Center
559-222-3100
1241 East Shaw Avenue
Fresno, CA

At the most basic level of financial investment, there are two maxims that can often be mutually exclusive. The first is to hedge your bets by diversifying your portfolio and spreading out your risk. The second is to invest in where you live; more specifically, if you are going to be paying a large percentage of your income towards your home, then it makes a lot of sense to be making payments towards something that you will someday own and may also, if all goes according to plan, appreciate in value.

The problem with all this great advice is that it can be difficult to diversify your portfolio when all your money is going towards a mortgage. This rings especially true during a turbulent market when people's adjustable mortgage rates are increasing and forecasted appreciation is suspect; it is making more and more sense, from an investment perspective, to rent an apartment rather than buy a house.

This strategy is buttressed by a study done by three Federal Reserve economists, who looked at the long-term relationship between home prices and rents. They found that from 1960 through 1995 annual rents averaged from 5 to 5.25 percent of home prices. Then the figure started falling dramatically after 1995, reaching 3.5 percent at the end of 2006. In other words, rents are unusually low relative to home prices, and to get back to normal, apartment rents would have to soar or prices to plummet.

To read the whole article, visit MyNewPlace.com.

Featured Local Company

Mission Hills Mortgage Bankers

(559) 228-6678
1312 E. Shaw Ave #101
Fresno, CA

Read more about Diversify Your Portfolio by Renting

- Pet-Friendly Apartments and Cities California

The following real estate tips contain all the information you need to know about which cities contain pet-friendly apartments. Read on for simple yet effective ideas on how to find apartments where you can have pets.

- Home Renting vs. Buying California
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- Information For Renting Cottage California
- Home Income Property California
- Tips for Renting with Pets California
- How To Rent Your House California
- Don't Buy the Myths: Renting Can Be a Smart Decision (part 1) California
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Regional Articles

- Home Renting vs. Buying California

In most instances, as real estate agents will tell you, buying a home is better than renting. However, there are some situations where renting makes more sense.

- Information For Renting Cottage California
- How To Rent a House California
- Tips for Renting with Pets California
- Don't Buy the Myths: Renting Can Be a Smart Decision (part 1) California
- Pet-Friendly Apartments and Cities California
- Home Income Property California
- How To Rent Your House California
- Don't Buy the Myths: Renting Can Be A Smart Decision (part 2) California
- Income Properties California

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Business Services	Fashion	Industrial Goods & Services	Retail & Consumer Services
Career	Financial Services	Insurance	Software
Cars	Food & Beverage	Internet	Technology
Computer Hardware	Franchise	Legal	Telecommunications
Construction	Health	Miscellaneous	Trade Shows
Education	Holidays	Nightlife	Travel
Entertainment	Home Appliances	Online Database	Weddings
Environmental	Home Electronics	Pets	World History