Thread by @mattfore11

This is an important consideration when deciding on a property investment.

@CPI_Capital researched to find the Top 10 most landlord friendly states in the US: 👇👇

#icecreamwithinvestors #podcast #investmentpodcast #propertyinvestment #investment #landlords

Arizona has favorable legislation on leases, security deposits, and eviction procedures, plus low property taxes of 0.62%.

Florida has no rent control, late fees are not prohibited, and there is no maximum security deposit. Damages incurred by tenant above normal wear and tear can be deducted from deposit and the property tax rates are only 0.98%;

Georgia has no limits on late payments or security deposits and the property tax rate is only 0.91%. There are no rules for notification before entry by landlords; plus there are flexible eviction rules;

Colorado has favorable eviction regulations based on compliance demand notices that expire after 72 hours an an average property tax rate: 0.49%. There is no security deposit limit and no statutory guidance on landlord access;

Texas has favorable eviction process and no cap on security deposits. If tenants are behind on rent payments, landlords can refuse to pay for repairs;

West Virginia's property taxes are only 0.57% making it the State with the eighth-lowest property taxes in the country. Plus, there are no security deposit restrictions, no rules allowing a tenant to repair and deduct rent, and favorable eviction process;

Indiana has low taxes, a no-tolerance policy for non-paying renters, and landlord-friendly security deposit regulations;

Alabama has low-income tax and effective property tax rates, no prohibition on late rent fees, and clear eviction processes;

Illinois has established rules on security deposits and no limit on setting rentals;

North Carolina has no state-imposed rent control or limit, tenancies can be ended with a written notice.

🏠 Do you own property in a state that you believe to be friendly to landlords?!