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| tallmyfox |
 Posted: Tue Aug 12, 2008 3:05 pm Post subject: How is the rental market? |
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Investing Associate
Joined: 12 Aug 2008
Posts: 12
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Location: ky
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| I know that real estate is at a low when it comes to selling but how is the rental market? I have a river front location with good game hunting. My husband and I have been a little hesitant because of taxes going up and foreclosures going on. Does that affect the rental property? I mean people have to live somewhere but if they loose their jobs who is paying for the rent. I don't need any dead beats but jobs a scarce for people that rent. |
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| DKnightSr |
| Posted: Wed Aug 13, 2008 7:27 am Post subject: |
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Member of the Month
May
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Montana is kind of cushioned, but even so...rents are climbing slowly in spite of housing market still climbing (albeit very slowly)
2 Bedroom, 1 bath, about $700 for an apartment (plus utilities), and about $750-800 for a freestanding home.
This is up 50-100 over last fall.
Don't know if it helps....but hope so  |
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| tallmyfox |
| Posted: Wed Aug 13, 2008 8:51 am Post subject: |
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Investing Associate
Joined: 12 Aug 2008
Posts: 12
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Location: ky
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| vetelmo |
| Posted: Wed Aug 13, 2008 9:31 am Post subject: |
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Moderator
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| Here in Ca, rent is going up or staying up because the foreclosures are causing the volume of available rentals slim. |
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| johns1 |
| Posted: Tue Sep 09, 2008 5:35 am Post subject: |
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Joined: 28 Jul 2008
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| From what I have read rents are going up in many states. |
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| Jomari White |
| Posted: Tue Jun 15, 2010 4:36 am Post subject: |
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Investing Manager
Joined: 30 May 2010
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| danielhenry31 |
| Posted: Thu Jul 08, 2010 7:53 pm Post subject: |
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| As the housing market for signs of softening, many Americans have adopted an attitude of wait and purchase the house. And who need housing illuminates the only viable alternative - rentals. |
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| HervyFarmer |
| Posted: Fri Jul 16, 2010 4:04 am Post subject: |
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| Joshua13and1 |
| Posted: Fri Jul 30, 2010 12:37 pm Post subject: |
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Joined: 03 Jul 2010
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| Some places it's cheaper to buy than rent and other places it's cheaper to rent. The military moves me every 3 or 4 years so I've been able to learn how different states compare with different home ownership costs, purchase vs rent, insurance, Taxes, utilities, Etc. |
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| SaraCEO |
| Posted: Fri Aug 13, 2010 3:50 am Post subject: |
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| Rents are going up. It is a risk free way to earn money. About tax you should study the law of your state because some states are imposing tax on rental property. |
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| maha22 |
| Posted: Wed Aug 18, 2010 7:44 pm Post subject: |
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It is doing great! Woo Hoo!
If you are not in the market it is the perfect time to jump on in!
I doubt commercial rentals will survive Obama, Socialism is not that conducive to business. But residential rentals are booming right now, fewer people buying, more people renting.
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