Sentences with phrase «market rental rate for»

According a study released this year entitled «Out of Reach,» from The National Low Income Housing Coalition, which was cited in the report, the fair market rental rate for a two - bedroom apartment in Rockland County is $ 1,424.
Market rental rates for both Grade A and Grade B have increased slightly at approximately 2 % and 9 % QoQ respectively.

Not exact matches

Tops also looked at each stores» individual market and the potential for the company to negotiate lower rental rates from the stores» landlords, the filing said.
The German serviced office market leads the way with «great stability and potential for the coming year», demonstrating increased occupancy rates and rental values.
The private equity fund Savanna bought the Willoughby site for $ 28 million in 2014 and submitted plans to build a 44 - story, 270 - unit mixed - use tower, where 81 rental units would be available at below - market rates.
Current plans for the 138,00 - square - foot building on Bedford Avenue and Union Street would allow developers at BFC Partners to build a recreation facility inside the armory; market - rate and affordable rental apartments on top of the existing structure; and a row of private condominiums BFC would own and, presumably, sell.
You can evaluate whether you are being ripped off by comparing the $ 1350 / mo rate to the potential rental rate for the property over time (which will be a range or curve, and there are real estate websites (like zillow.com or redfin.com, others) to help estimate what fair - market rent might be).
HUD annually determines a fair market rent, or FMR for each county based on the mid-range of rental rates.
We also factor in the most current rental market information, examining things like average cost to rent a 1 - bedroom apartment and the vacancy rates for each city.
By providing flexible, below market rate loans for affordable housing and mixed - use and / or mixed - income projects, LHOP makes housing for rental and homeownership affordable to low to moderate income families in south central PA..
Our online marketplace for buying leased single - family rental homes includes market research, a proprietary Neighborhood Rating that helps buyers «comparison shop,» vetted property managers to choose from, a diligence vault with third - party property inspection and valuation, current lease and tenant information, financing options and more.
With both mortgage interest rates and real estate prices at historic lows, many investors feel there is more opportunity for higher returns in rental properties vs. mutual funds and the stock market.
At the time you could easily get a free rental day for 500 points, so this was an inexpensive way to book rentals below market rate.
Villa Danny services and facilities includes: â $ cents A full compliment of staff (1 cook, 3 butlers / maids, 1 gardener / housekeeper, 1 driver) plus 24 hour security â $ cents American breakfasts are included, and the cook will shop for guests at local market rates and prepare other required meals â $ cents Car and driver available for rental â $ cents Fresh daily fruit and flowers â $ cents Garden candlelit dinner service â $ cents Air conditioning in the main lounge area and all 4 bedrooms â $ cents Open living area / balcony with impressive sea views â $ cents Quality Balinese decorations, such as intricately carved wooded swing doors throughout â $ cents Western standard kitchen â $ cents Baby sitting service can be arranged â $ cents A full range of cultural, shopping, sporting and recreational tours (pick up from your door) can be arranged â $ cents IDD telephones, lap top hook up and fast Internet connection available â $ cents Marble floors throughout.
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A declaration was granted that the lease was renewed for the renewal term with the issue of fair market rental rates being referred to arbitration; other incidental relief relating to the Planning Act was also granted.
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Their findings reveal that the market rate rent rose more than the rent for a tenant who remained in the same rental for five years or more: 5.6 percent versus 3.6 percent between 2014 and 2015.
Nationally, rental rates have slowed and the savings from renewing are not as significant for renters today; however, in some of the hottest rental markets, where rents are still rising aggressively, continually renewing a lease can mean saving thousands of dollars.»
Ranked by Forbes magazine as one of the United States» top 10 places for business and career advancement, Palm Beach County features a retail inventory of more than 21 million sq. ft. With average rental rates at $ 14.51 per sq. ft., the area is poised to become one of the most retail - saturated markets in the United States.
The MPI for market - rate rentals increased by nine points to 68.
«With lean for - sale inventories and low rental vacancy rates, many markets have seen housing prices outpace inflation,» Nothaft says.
«Through such zoning, cities require or encourage developers to create below - market - rate rental apartments or for - sale homes in connection with the local approval of a proposed market - rate development project.»
«This acquisition provides our investors the trifecta of attributes we actively seek for our portfolio, including: a liquid market with strong fundamentals, excellent tenant credit characteristics and a long - term remaining lease duration with annual rental rate increases,» said Michael Escalante, Griffin Capital's CIO, in a statement.
A lack of available space has created a landlord's market in most areas, with tenants looking at either higher rental rates or having to search for alternative locations.
It all depends on the market rental rate, the size of the house and the demand for rentals of that size in your area.
For bank branches, triple net rental rates range from $ 20 to $ 25 per sq. ft. in small markets to well over $ 75 per sq. ft. in high - demand locations in major metro areas, according to JLL.
In the second quarter of this year, rental rates for luxury apartments grew at 4.7 percent, while rents on middle market apartments grew by a robust 5.8 percent, data firm Rentcafé reports.
The high price / low cap rate environment is also pushing investors to look for bigger returns in new development deals, value - add acquisitions and properties in secondary markets, such as Raleigh, N.C., Charleston, S.C. and Tampa, Fla. «What we really see is value - add picking up, because with minimal capital you can get a property up and going and get a little bit higher rental rate and a better ROI than you can by putting a shovel in the ground and waiting 19 to 36 months to see it come to fruition,» says Ressler.
The report also looks at which markets are seeing the biggest increases in rental rates in 2015 compared to 2014, and provides rankings of the best safe haven residential rental markets, along with the best markets for renting to Millennials, best markets for renting to Generation Xers, and best markets for renting to Baby Boomers.
Looking at the single - family rental market in particular, Steve Hovland, director of research with online real estate investment management firm HomeUnion, says the unchanged rate «bodes well» for investors.
I am not as familiar with the rental market in Woodbridge and am wondering what the vacancy rate looks like for those who do landlord in Woodbridge.
Rust Belt City Gets Rated Highest Yield for Single Family Rental Market
Before marketing the home for rent, prepare a rental market analysis, showing that the rental rate you are asking is fair, this will help get you more from the start and deter lower offers.
Louis and Ryan discuss the impact of the earthquake and tsunami on the world economy; inflation, interest rates, the Fed and Bank of Japan action and the U.S. budget negotiations; the profile of home purchasers today; the paradox of government intervention to make «homes affordable for everyone»; the direction of the rental market, rent vs. buy ratios; the comparison of Fed action during the Volker years vs the Bernanke era; Charlie Sheen, oil prices; the direction of the dollar and other currencies race to the bottom; the status of the dollar as the world's reserve currency; the abandonment of the gold standard; the fate of fiat currencies; Utah's gold standard push; the actions states are taking to cut spending; the price of gold and silver and their role as stores of value; real estate vs. gold and silver as investments; the impact of shadow inventory on general inventory; the impact of the numbers of government workers and their salaries on the D.C. area housing market.
This dynamic, coupled with the low statewide rental vacancy rate of 1.5 percent, creates an extreme demand for affordable units at the low end of the market that isn't met by current rental housing stock.
Here are the Show Notes: Currently have 5 rentals and 80k of income and trying to paying off rentals because near retirement Also flips properties where the goal is 20k profit He outsources much of the work Got rentals in 2011 and regret not doing it earlier Got hammered in 2008 Got out of the market in 2000 Interest rates are very low which is different that past times which means a good time to lock in loans, stocks are pretty high Real estate is not for everyone and might have a wrong skill set If you don't want to do the work be a hard money flipper but only make 10 % (you need to have the money) Don't lend to someone doing their first flip Need to hire a virtual assistant — 5 properties can manage by self Let go of politics Marriage advice Begin with the end in mind — He already knows his legacy and just lives it Teaching kids financial principals — mindsets and habits To teach a 12 - year - old — give them money To teach a 30 - year - old — they need to want to fix the money problem Letting go to be happy richersoul.com
Following a year of significant home price gains, the Fed's decision to increase the federal funds rate, and skyrocketing rental prices, here are seven trends housing market and economic experts are projecting for 2016.
Our years of expertise and knowledge of the rental market provide our clients with the most current leasing trends, and we can calibrate preferred rental rates for each rental property based on its location, neighborhood, amenities and attributes.
The subject property was rented at fair market rental rates to other people for at least 14 days (or more) during each of the preceding two (2) years; and
The subject property was rented at fair market rental rates to other people for at least 14 days (or more) during each of the following two (2) years; and
For every 10 basis points (0.10 %) the rate shifts up, a certain percentage of borrowers will be pushed out of their capacity ratio straight into the rental market, which may be more affordable than buying a home in some areas.
Mitchell Smith, Scion's Chief Operating Officer, will participate on April 14 in «Leasing and Marketing,» addressing trends in velocity, rental rates and occupancy for 2016 - 17.
Check the market rate for rent in your area by checking with property managers who handle similar properties, asking real estate agents, and looking at rental advertisements.
Establishing a rental rate for your property requires expert knowledge of the current market demand, your property condition, and many other factors.
Washington, D.C.'s low median age of housing inventory (54 days, nine days less than the national average), even lower vacancy rate (5.20 percent, about 23 percent less than the national average), and moderately high annual job growth rate of 2.19 percent indicate that demand for housing there is and will likely remain quite strong, making D.C. a profitable market for rental real estate investors for quarters to come.
The homeownership rate has steadily declined to generational lows over the past decade, keeping a broad swath of renters — from all social and economic backgrounds — in the rental market for more than a year.
Rates and terms are competitive with the market, and this program offers the convenience and cost savings of a single source of financing for an affordable housing rental project.
When completing your rental search online look out for these red flags that indicate rental scams: rent below market rate, out - of - town landlord, and paying money for a sight - unseen property.
Those micro market stats I mentioned before will show you not only what's the going rental rate for that area but also how long it takes an average property to get leased there.
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