The term "for
rental purposes" refers to something that is being used or intended for use in a rental agreement.
Full definition
Despite some recent ups and downs, the share of single - family homes built
for rental purposes remains higher than historical norms.
Often the property will be used
for rental purposes, such as rental home, apartments or other spaces that give owners the opportunity to create profit and income over the long term.
Despite the elevated market share, the total number of single - family starts built for
rental purposes remains fairly low — only 33,000 homes started during the last four quarters, but this total has been increasing with the overall growth for housing starts.
Singapore Property Elite offers buyers and investors with a huge mammoth index of currently available and unavailable properties for both selling and
rental purpose at fair accurate and genuine prices.
In conjunction with fewer investors purchasing real estate for
rental purposes in Toronto, we are seeing a noticeable increase in the number of new rental apartments being constructed by developers.
Rental properties may now be eligible under HAMP Tier 2 if they are used by borrowers for
rental purposes only (not principal residence, second or vacation home).
Despite the elevated market share, the total number of single - family starts built for
rental purposes remains fairly low — only 28,000 homes started during 2012, but this total has been increasing with the overall growth for housing starts.
Despite the elevated market share, the total number of single - family starts built
for rental purposes remains fairly low — only 21,000 homes started over the past year.
Real estate developers are under pressure in China to refurbish older properties for
rental purposes to ease a supply shortage in the market for affordable housing, says Peter Churchouse of Portwood Capital.
«The unloading of single - family homes purchased by real estate investors during the downturn for
rental purposes would also go a long way in helping relieve these inventory shortages,» said Yun.
But be forewarned: CRA is cracking down on income generated from real estate, and in order to qualify for the principal residence exemption no more than 50 % of a principal home can be used for
rental purposes.
Plus, you can't make any structural changes to your home, and the part of the home used for
rental purposes must be small in relation to the size of your whole property (like a basement is).
You must peruse hundreds of listings and tour properties in person before deciding which property is ideal for
rental purposes.
This year, we plan to purchase an undervalued piece of property for
rental purposes.
If you're buying a short sale home or REO, our private money loans will enable you to fix up the property in question to sell or hold onto for
rental purposes.
Such properties can be vacation or
rental purpose.
Also, for
rental purposes, stick to well - travelled cities and neighbourhoods.
Report the cost (not fair market value) of funds in foreign bank accounts, foreign equity interests in brokerage accounts or mutual funds and real estate used at least 50 % of time for business or
rental purposes.
Traditional real estate investing requires searching dozens of listings and visiting several properties before you decide on the right property suitable for
rental purposes.
A recommendation letter can be written in many circumstances, including for
rental purposes, but the most common reason anyone would write one is to recommend someone for a position in an organization.
A recommendation letter can be written in many circumstances, including for
rental purposes, but the most... Read More»
«The unloading of single - family homes purchased by real estate investors during the downturn for
rental purposes would also go a long way in helping relieve these inventory shortages,» Yun says.
Condos that are sold for
rental purposes are often not designed for families.
But many do allow the units for
rental purposes, says consultant Patrick Hare.
If you find yourself in this state, you need to set out clear goals and objectives and ask why you want to make this investment: is it to be an owner - occupied unit or is it purely for
rental purposes?
«The unloading of single - family homes purchased by real estate investors during the downturn for
rental purposes would also go a long way in helping relieve these inventory shortages,» said Yun.
We have also seen a decrease in the number of condominium units being purchased by investors for
rental purposes.
According to data from the Census Bureau's Quarterly Starts and Completions by Purpose and Design, the market share of single - family homes built for
rental purposes, as measured on a one - year moving average, stands at 4.3 % for the 2nd quarter of 2012.
Your state may have specific guidelines when it comes to requesting criminal background information for
rental purposes.
If you're currently considering the option of offering one of your properties for
rental purposes, you should first educate yourself about the landlord tenant relationship.
NAHB's Eye on Housing blog recently reported on an interesting market trend in which the share of single - family homes built for
rental purposes remains higher than historical norms.
However, they also note that, despite the elevated market share, the total number of single - family starts built for
rental purposes remains fairly low, at just 21,000 homes started over the past year, while the single - family home portion of the rental housing stock is 27 % according to the 2010 American Community Survey.
The market share of single - family homes built for
rental purposes, as measured on a one - year moving average, stands at 4.3 % for the 2nd quarter of 2012.
Despite the elevated market share, the total number of single - family starts built for
rental purposes remains fairly low — only 27,000 homes started over the past year, but this total has been increasing with the overall growth for housing starts.
The cash share for new homes is smaller because cash buyers in the existing home market are looking for bargains for
rental purposes, while for - sale new construction is dominated by owner - occupiers.
However, exchangers sometimes change their minds and occupy property they had intended for
rental purposes.
Predominantly a property management company, the firm will leverage its affiliation with ERA Real Estate to expand its residential sales focus, particularly among clients interested in purchasing homes for
rental purposes.
my son is renovating a two family house for
rental purpose.