for rent

August 17, 2015

Are Residential Rental rates going up?

This is one of the Top 3 questions asked whenever I speak with Landlord and Investors. The answer to this simple question is anything but simple. As with any measurement, the answer is always two words:  It Depends. It depends on how you measure rental rates and what data points you are using.  Below are some of the ways we track this information on the portfolios we manage: Rent per square foot New Move-In rental rates Renewal rental rates Year-over-year blended rent inflation:  This is a method of tracking rent rate growth based on rent growth for new move-ins and renewals.  It ‘blends’ the first two rates since both rates operate off materially different consumer behavioral patterns. Stabilized Occupancy: While this is not exactly a measure of rental rate direction, it is a worthwhile tracking mechanism to observe how a portfolio is performing.  This is the occupancy level reached by a […]
May 31, 2016

Young Adults choose living with Parents vs living with a romantic partner

Times they are a changin’……again. A new study by Pew Research Center shows that young people are choosing to live with their parents in a higher amount than ever before in modern history….even higher than living with a romantic partner. Why the change? Pew researchers suggest several factors, including declining employment among young men in recent decades and lingering effects of the recession. But the researchers said that the chief reason is a “dramatic drop in the share of young Americans who are choosing to settle down romantically before age 35” either with a spouse or a partner.  “Forming a new family is not nearly as important as it was for young adults,” said Richard Fry, a senior researcher with Pew, a nonpartisan think tank that conducts public-opinion polling, and does demographic research. So what does this mean for Landlords and Investors?  It could mean the following: Your rental properties with a target demographic of this age group may be tougher to fill due to financial constraints of the tenants moving out of […]
August 15, 2016

July 2016 Rental Data

Good afternoon! We have published the YTD Rental Stats for the 14 market areas we track in the Indianapolis area. We have also changed this to a protected file format since it is proprietary data analysis unlike anyone else provides and have started to charge for this data. The whopping amount for access? $5 To change your membership from the free level to the Financial Freedom Member Level, click here.     Skip the Starbucks once a week to skip faster into your Financial Freedom. Do it. You’ll thank me each month as you keep watching your bank account gro   July 2016 YTD Indy Rental Stats      
November 10, 2016

YTD Rental Stats

Here’s the YTD stats for the Indianapolis area through October.  Still solid demand, although we are monitoring Zionsville closely as the DOM has ticked up there, perhaps due to the trepidation of the election overwhelming folks lives last month. indy-rental-stats-ytd-thru-october-2016 While you’re reviewing the numbers, how about you help your friend learn about real estate investing by forwarding this email to them so they can subscribe, too?  (It’ll make you rich….it’ll make you thin.  It’ll make you rich and thin.) (ok….it won’t make you thin, but the rich part is highly likely.)