How is the rental market?

Discussion in 'Real Estate' started by tallmyfox, Aug 12, 2008.

  1. tallmyfox

    tallmyfox New Member Original Member

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    Occupation:
    farming Lady
    Location:
    ky
    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.
     
  2. DKnightSr

    DKnightSr Member Original Member

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    Location:
    Helena, MT
    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:
     
  3. tallmyfox

    tallmyfox New Member Original Member

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    Occupation:
    farming Lady
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    ky
    It does help. Thanks
     
  4. vetelmo

    vetelmo Active Member Original Member

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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.
     
  5. johns1

    johns1 Guest

    From what I have read rents are going up in many states.
     
  6. danielhenry31

    danielhenry31 New Member Original Member

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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.
     
  7. SaraCEO

    SaraCEO New Member Original Member

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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.
     
  8. raj84

    raj84 New Member Original Member

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    Most landlords do not allow pets, a small few will but it is very hard to even get a rental house in Vic at the moment, some mean landlords do not even accept children, you need to go onto the net to check all this out in rental properties and email them to find out how many that will allow animals, rental is very expensive as well it will depend on where you want to live and how much you can afford, go onto real estate on the net, if you have family in Vic they maybe able to help, or friends, i wish you well.

    ___________

    Fireman Sam | Omega 3
     
  9. leannemarks

    leannemarks New Member Original Member

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  10. Huntress

    Huntress New Member Original Member

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    This are really useful info, thanks...
     
  11. harrybicon

    harrybicon New Member Original Member

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    Concrete is a architecture actual that has been about for bags of years. What a lot of of us don't realise is that this actual is added important than we think. There's so abundant to apprentice about cement, concrete, and accurate plants.
     
  12. wardkingg

    wardkingg New Member Original Member

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    Definite is a structure real that has been about for luggage of decades. What a lot of of us don't realize is that this real is included essential than we think.