Have Rental Rates become Unaffordable?

Just How High can Rents Rise in 2015?
January 18, 2015
Pull the trigger and ride the bullet.
January 22, 2015
Show all

Have Rental Rates become Unaffordable?

 


Is the party almost over for Landlords and Real Estate Investors in residential rentals?

cash out

Rental rates across the US, Indianapolis metro area included, have been on a consistent tear for a number of years now….Landlords have benefitted allowing the asset prices to get bid up on both rental properties for sale.

However, just like with everything in life, there are limits….

Here’s a good article that takes both a granular and high level approach at looking into this pending issue….
http://nreionline.com/multifamily/rent-burdened-nation-housing-expert-discusses-affordable-housing-crisis

Certainly, if your local market conditions allow, maximize your rental revenue whenever possible, but keep this knowledge on your radar as we may be witnessing a market shift in rental rates.

If you haven’t repriced your properties lately or done a competitive analysis, now may be a good time to get this information gathered.

As always, if we can assist, call or click.

Leave a Reply

Your email address will not be published. Required fields are marked *