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www.eInvesting.com Forum Index » Real Estate Investing

How is the rental market?


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tallmyfox
PostPosted: Tue Aug 12, 2008 3:05 pm Post subject: How is the rental market? Reply with quote

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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
PostPosted: Wed Aug 13, 2008 7:27 am Post subject: Reply with quote

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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 Wink
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tallmyfox
PostPosted: Wed Aug 13, 2008 8:51 am Post subject: Reply with quote

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It does help. Thanks
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vetelmo
PostPosted: Wed Aug 13, 2008 9:31 am Post subject: Reply with quote

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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
PostPosted: Tue Sep 09, 2008 5:35 am Post subject: Reply with quote

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From what I have read rents are going up in many states.
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