Sentences with phrase «rent than a property»

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.

Not exact matches

That's more than a lot of people pay in rent for commercial property; $ 55,000 a year is a really good manager to run a shop in Iowa, or a new product line.

Giosmas says she lost more than four months» rent to the tenants who were running what she said was «like a flop house» out of her property.

Following months of lost rent, Grewal sold his Miami Beach property and says he accepted a price 10 to 15 percent lower than he would have sought under different circumstances.

This could manifest itself in several different ways, but a key point is to rent out rather than sell the high - tax state property and buy a place in a lower - tax place outright, and give it a year first.

The rich are getting richer because the middle class can't buy property, they can't buy property because the cost of normal things are exponentially higher today than 10 year ago, rents keep going up because people can't buy property making it harder to get away from renting.

But Airbnb canceled his Los Angeles listings from its site in March 2016 after the hotel association argued to local politicians that Airbnb hosts like Mr. de Kleer were raising the cost of housing in the city by renting out properties for short - term use rather than for long - term tenants.

Home buyers who purchase a median - priced property in these areas could enjoy much lower housing costs than those who pay rent.

But the demand for rental properties continues to grow, pushing up rental prices and actually making buying cheaper than renting in many areas.

According to JLL's latest Property Market Monitor released this week, net take - up in Hong Kong's overall office market amounted to 68,800 sq. ft in November 2017, with average monthly rent reaching HKD 71.7 per sq. ft — 0.3 % higher than in October 2017.

Renting can be less expensive than buying since you're not shelling out money for things like maintenance, repairs, property taxes or homeowner's insurance.

With a median list price of $ 163,840 and median rent of $ 1,162, Columbus has the fourth - highest rental yield and takes less than 12 years to pay off the property.

Worse yet, if you combine this principle with capitalism, property rights, and rent - seeking, the rich will get richer and the poor poorer until one day there is barely more than a handful of people who can even afford to volunteer or donate anything.

Last year, news emerged that Ann and her husband Nicolas had claimed more than # 80,000 in rent for a London property owned by a trust controlled by their children.

The majority of these are rented from a housing company, to which the MoD had sold more than 57,000 properties in 1996.

Cynthia will work with the state legislature to find solutions and pass new rent laws to protect tenants living in homes that might be smaller than 6 units but are owned by corporate landlords who own a large number of properties.

It has been more than two years since the Ethics Committee began looking into a litany of potential offenses, including Rangel's fundraising, his living arrangements in rent - controlled apartments, his failure to report rental income from properties the Dominican Republic and his use of a House parking spot for vehicle storage.

In October, the Syracuse Post-Standard reported that two landlords received more than $ 400,000 in government aid for rent while neglecting to pay over a million dollars in property taxes to the city.

Rural voters are more likely to own land or real property than urban voters (who are more likely to rent their home).

And because renters find themselves needing to move so regularly — whether the landlord wants an unaffordable new level of rent, or the tenant can't face another year in a badly maintained property — they have to contend with the pain of letting agent fees and trying to get their deposit back more frequently than any person should reasonably be expected to.

«This is not a joke and this is not a game for us,» said Zoey Pappas, head of the building's tenants association, which represents more than half the property's rent - stabilized residents.

But most industry players — especially those whose business is multifamily properties — would like to see that the state senate, rather than the overwhelmingly liberal and pro-tenant city council, keeps control of rent regulation, said Massey Knakal Realty Services» chairman Robert Knakal.

DiNapoli's audit found the MTA routinely spends more than $ 25 million a year on rent without assessing whether some of its vacant properties can meet its office space needs.

More than one in four renters pay more than 50 % of their income for rent, out of which landlords pay property taxes.

The Rockland County owner has stayed relatively current with city property taxes and continues to collect rent from tenants, but Elmwood Heights LLC owes the county four years of back taxes and interest — more than $ 29,000, the highest outstanding county tax debt found in The News analysis.

A former assistant property manager at a Pasadena apartment complex has been accused of stealing more than $ 90,000 in tenants» rent checks, leading to her Trading for a place in Hollywood?

But unlike house flippers of the real estate boom, these investors typically rent out the properties rather than sell them for a quick profit.

This is especially for a community (part of the zip code of 11436) in which 69 percent of residents own their homes (higher than the national average of 66 percent) and (along with apartment tenants, through their rents) pay hefty Big Apple property taxes to finance district operations.

Here are a few examples: the for - profit company will install their own handpicked boards that in turn hire the company for «management,» and these fees routinely cost up to 15 % of the school's FTE; the for - profit company will demand that parents purchase supplies directly from the school itself, which is often another LLC that charges exorbitant rates for the basics; in many cases, the biggest part of the scam is one LLC (e.g. Red Apple Development, the construction arm of Charter Schools USA) will purchase land to build the school on and then turn around and charge the school (read: taxpayers) rent that is substantially higher than the going rate / property value, sometimes as high as a million dollars a year.

It is one of the 20 largest publicly traded REITs, with 130 properties rented to more than 600 firms across North America, Europe, Asia and Australia.

The results of the 2018 Rental Affordability Report from ATTOM show that buying a median - priced home is more affordable than renting a three - bedroom property in 54 % of U.S. counties analyzed for the report.

As is shown in the chart above, which outlines the average home insurance premiums for rented and owned property across Canada and in Alberta, insurance rates are typically lower for renters than they are homeowners» premiums.

To do this, you have to purchase a house that has a combined monthly mortgage payment, home insurance payment, and property tax payment lower than the rent the property commands.

rent / mortgage, property taxes, heat / hydro, loans etc.) If you're spending more than 40 %, it's time to consider downsizing.

Rather than betting on possible gains in real estate prices, he made sure that the rent he received from a property put cash into his pocket each and every month, from the very first day he bought a property.

Though lending institutions bear some blame for sloppy underwriting, it amazes me that marginal borrowers that are less than responsible can think that they can own a home, or that people who have been less than provident in saving, think that they can rescue their retirement position by borrowing a lot of money to buy a number of properties in order to rent them out.

Using a 30 year fixed rate of 4.25 % and estimating for property taxes and insurance, you could qualify for a $ 365,000 house with nothing down and your total monthly payment would be around $ 2,250, quite higher than your current rent.

If someone is renting a basement apartment of the landlord's home, the landlord can only write off a portion of their homeowners insurance premium, since it is covering more than the rental property.

InsurEye's research shows that home insurance premiums for owned property are 1.4 times higher (Alberta) to 2.1 times higher (Quebec) than premiums for a rented dwelling.

First, fair market rent on a three - bedroom property is less affordable than monthly payments on a median - priced home in 354 of the 540 counties studied in the report.

VANCOUVER — When Rick Smith's son decided to move from Yukon to Victoria for college he bought him a condominium to avoid high rents, but a new provincial tax means the property may turn out to be more of a financial burden than anticipated.

Now it is not uncommon for a mortgage payment to be 50 % higher than rent on the same property.

If you rent out a property in an area prone to petty crime, this rider may be more appropriate than for someone renting out a property in a little - trafficked, low - crime rural area.

Some of these REITs — and Vornado has been a high - profile case of this in recent years — have evolved away from pure landlording and have moved to become «deal making» growth vehicles in which property speculation is as important (or more so) than collecting rent checks.

Home buyers who purchase a median - priced property in these areas could enjoy much lower housing costs than those who pay rent.

The strategy: Buy a property, fix it up at minimal cost, and then cash in by renting it out at a rental fee higher than what you pay on the monthly mortgage.

I bought this property less than a year after graduating college and rented the two extra rooms.

Add that to the $ 897 in property taxes, and the $ 4020 monthly owner's cost is higher than the alternative $ 3700 rent.

So renting a property for less than 15 days per year can net you some tax free income!

In that case, the smarter alternative is to put the property on rent rather than sell at low value.