Sentences with phrase «fewer rental vacancies»

There are fewer rental vacancies, and more new, luxurious apartment complexes in development.

Not exact matches

However, based on the (albeit few) properties I have analyzed, once we purchase a property and rent the other unit, it is likely to lower our monthly housing cost by around $ 200 - $ 300 / month (that's a conservative estimate) compared to our current rental situation - and that's factoring vacancy, saving for future repairs / maintenance, etc..

Just a few short years ago, real estate experts were warning that Toronto was building far too much office space downtown, but observers are changing their tune now that the latest rental figures show the city has the lowest office vacancy rate of any major centre on the continent.

A tight rental market has resulted in fewer vacancies and more competition during the rental search process.

Even the most pessimistic apartment market researchers agree that very few apartments were empty in the third quarter and that the vacancy rate in the multifamily rental sector will remain low in the short - term.

Regardless, with the 40 % rule, we're cash flowing roughly $ 2,200 / year; however, considering I will have higher quality tenants at 1,500 / month, the home is completely renovated, vacancy rates are less than 1 % and the only major repair looming (fingers crossed) is the roof, I think it could be realistic to have our total operating expenses (including insurance and taxes) at roughly 25 % gross rental income for the first few years, which should give a CAP of 9.11 % and COC on 20.73 %.

Additionally, my rental was under renovation until April so I had a few months of vacancy which the underwriter counted against my income (rightfully so).

«While the rental market is improving and vacancies are decreasing, tenants, used to major concessions over the past few years, must be re-educated regarding the changing markets,» notes Charles S. Troy, president of E&S Ring Management Corp., Los Angeles.

Fewer new renter households are being formed, rental vacancy rates have risen, and rent increases have slowed.