Sentences with phrase «higher rent»

Structural constraints on the delivery of new supply in a given market reduce an owner's competition for tenants, which may lead to higher occupancy, higher rent levels, stronger rent growth and higher capital values over time.
Consequently, owners will either pay less for properties or incorporate higher rent bumps in the lease structure to protect their yield.
Landlords are demanding higher rent, indefinite personal guaranties, and unilateral relocation and termination provisions.
They want the benefit of a long lease, but they also want to be able to move a tenant if they are offered higher rent payments.
An adverse action could include denying a lease, requiring a co-signor, or requiring higher rent than for another applicant.
For example, rental property in a popular neighborhood will generally have a higher rent than a property of similar size in a less desirable location.
Additionally, they tend to stay longer and are willing to pay a higher rent to keep their family together.
The council also is investigating the creation of an ordinance that would only allow termination of a tenancy for a just cause, not simply to find a new tenant willing to pay a higher rent.
It was therefore held that the obligation to pay higher rent from the commencement date of the lease was a penalty and the side letter was thus still valid and binding, its purported termination being inherently penal in nature.
from the third to twelfth month the landlords would be entitled to market the leases and the tenant would have a right of first refusal if the landlord could obtain a higher rent from a new tenant for the relevant property; and
In Aberdeen, after years of under supply, new build Grade A office accommodation far outstrips demand, giving rise to higher rent incentives and a corresponding adjustment to rates per square ft.. In contrast, Grade A office space is in short supply in both Glasgow and Edinburgh despite growing demand for good quality city centre space.
Using tax incentives for landlords to upgrade energy efficiency, with a focus on outcomes rather than inputs or a combination (with an energy audit and / or proof of declining utility usage as the rewarded metric) could move many who have no personal financial incentive, other than the slim possibility of getting a higher rent, for making efficiency upgrades.
So indeed have Lombard - Freid just up the street and Nicole Klagsbrun a few blocks away, the latter at the price of a smaller space, not to mention quite likely a higher rent.
The amenities that were most associated with higher rent were having an elevator, having doorman, parking included and laundry in the unit, with each city having some variation.
3 years ago I took over the management and repairs, I still have the one same tenant, repairs are down over 50 % and the costs down 75 %, I am getting 30 % higher rent, and both me and the tenant are happy.
The fundamental aimsany residential property investment should be to maximise yield as well as capital gainsto reducerisk as far as possible To illustraterenovatingembellishing - property makes it eligible for - higher rent, means maximised yield Property investment aimed at capital gains involves buying real estate cheapselling it at - higher ratethereby maximising ones ROI An astute investor will also buy - well - located property at - high price ifrental market is boomingsince this makes it possible to rent it out for as long as it takes price to rise again
They increase the home's value while justifying higher rent.
As a result, landlords can charge higher and higher rent and borrowers have no way of fighting back.
It is possible to be denied an apartment or be charged higher rent as a result of negative information on your credit report.
Larger spaces will allow you to demand a higher rent, potentially getting you nearer to mortgage free living.
A higher rent - to - house - price ratio also means it's less likely that you're buying into a bubble.
For the parameters of rent and unemployment rate, we subtracted the percentile rank from 1 since higher rent and unemployment rate is worse.
Importantly, National Retail only invested $ 338k in capital expenditures on these properties while renewing nearly $ 40 million in rent over this time period, highlighting the benefits of its triple - net leases (the company doesn't have to «buy» higher rent with capital investments because tenants are on the hook for maintenance).
The higher the rent - to - house price ratio, the less likely it is you are buying into a bubble.
Examples of «extras» in an apartment rental might include monthly rental of a washer / dryer, monthly fees for fitness center access, or higher rent for a good location apartment (top floor / pool side / etc).
You collect an up - front down payment to increase the amount of cash you pull out of the property from day 1, and in addition, you can get a higher rent by offering the tenant monthly credits to increase their down payment.
«Well, they tried, she couldn't pay that higher rent, she got farther behind all the time, and...» My mom plunks her paperwork on the counter, reaches over and rubs a sponge around the sink, lets her breath out in a huff.»
Moving to Seattle means smaller apartments and higher rent.
In inner London the cuts due to the higher rent levels are startling, according to the department's own impact assessment.
For years the RGB approved higher rent adjustments, despite evidence that increases in landlord income and decreases in operating costs didn't warrant them.
So here is where things stand with you — people should pay higher rent while being abused by bankers and working at low wages.
«Certainly I think I'd like to modify it to make sure that those who can afford to pay higher rent are paying that rent.»
They increase the home's value while justifying higher rent.
Creating an indoor arena will mean higher rent and building costs.
Most commercial properties bring in a higher rent per square foot of space.
In a recent letter to Mayor Edwin M. Lee and the city's Board of Supervisors, Twitter said that it had all but decided to leave the city because of higher rent, taxes and other expenses that would cost it an extra $ 30 million over the next five years.
I did the math, and to be comparing apples with apples I took my hypothetical income after California taxes (I am paying higher rent for at least a part of my tax benefit after all) and I get to a post - tax / personal savings rate (excl.
No more industrial parks: Today's franchisees need retail visibility, even when that comes with higher rent.
Percentage rent clause Herb Weitzman, CEO of Weitzman Group and Cencor Realty Services in Dallas, says tenants agree to pay higher rent when their sales exceed a certain threshold.
The possibility of winning the Amazon headquarter contest in Nashville worries locals over the prospect of more people, more traffic, and higher rents, the New York Times reports.
Likewise, apartment owners are encouraged by lower vacancies and higher rents.
A critical lack of affordable housing and sky - high rent prices have made the San Francisco Bay Area unlivable for many artists, artisans, longtime residents, and even tech entrepreneurs.
It is no secret that San Francisco currently has the highest rent in the country with a median monthly rate of $ 3,500 per month.
But those high rents make it hard for young buyers to save for a down payment.
Overall, hefty entry fees per class help such studios offset expenses that include high rents in large metro areas, bikes that can cost more than $ 1,000 each, and extensive plumbing and HVAC renovations often required to keep cyclists cool during difficult workouts.
Speaking of high rent, AirBnB founders famously rented out their own apartments in the early days to make ends meet.
Joe Fresh launched six Manhattan locations in 2013, and partnered with J.C. Penney to put its products in 700 stores across the U.S. Neither move seemed to work out for the line — lack of foot traffic and sky - high rent plagued the New York stores, while J.C. Penney struggled in the midst of an unsuccessful rebrand.
In best - case scenarios, malls will redevelop anchor spaces and find tenants able to pay even higher rents, like restaurants or apartment complexes.
To justify the self - storage expansion, many industry insiders begin by citing urban growth, as well as the ascendancy of condo living, which discourages clutter, and higher rents.
Boston, which has been mentioned as a front - runner in the HQ2 sweepstakes, is already known for high rents, which means it would be impacted less than some of the other metro areas surveyed.
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