Archive for July 2023
Investors Favor Buy-and-Hold Rentals over Fix-and-Flip
More than half of real estate investors plan to buy more properties and keep them as rental homes, according to a recent survey of investor attitudes. The Spring 2023 Investor Sentiment Survey by RCN Capital revealed that 53 percent of investors were targeting rental homes vs. buying to renovate and resell. “The National Association of…
Read MoreInland Empire Apartment Renters Face Moderate Competition
The Inland Empire of Southern California is moderately competitive when it comes to finding an apartment to rent, according to data from RentCafe.com, an online nationwide apartment listing service. The I.E. region — which includes such cities as Riverside, San Bernardino and other communities between the metropolitan areas to the south and west and the…
Read MoreRental Housing Platforms, Several States Join Biden Administration Efforts to Tackle Rental Housing ‘Junk Fees’
Several of the largest rental housing platforms and state governments have taken steps to rein in excessive, surprise fees being charged to tenants, after the Biden Administration and the U.S. Department of Housing and Urban Development in March issues demands for more transparency.
Read MoreFor Lease: Fabulous, Upgraded Horse Property in Bridle Creek, Mockingbird Canyon, Riverside, CA
$4,900 / 4 br / 3.5 ba / 3701 sqft4BR, 3.5Ba Home in Riverside https://app.tenantturner.com/qualify/17022-rolling-creek-way?p=Company Welcome to the Bridle Creek community in exclusive Mockingbird Canyon. This estate-like SINGLE-STORY home sprawls out over 3,701 sq ft on more than an acre of improved HORSE PROPERTY in an attractive and pleasant rural neighborhood. It’s the perfect candidate…
Read MoreLandlords Focus on Eviction, Payment History when Screening Tenants
Mom-and-pop landlords, having battled through the uncertainty of COVID-era rent collection, now focus more on eviction history and late rent payments.
Read MoreCalifornia a Top 10 Investment Property Hotspot
Despite elevated home prices, investment home seekers continue to target California for how to invest in real estate.
Read MoreRevenue Drop Reveals Cracks in Short-Term-Rental Foundation
What does this mean for single-family-home rental investors? It could signal an influx in homes listed for sale, which would be a welcome development for frustrated home buyers. That could also put downward pressure on home values and sale prices. More likely, some STR owners will transition their properties to the long-term-rental market, which also lacks inventory.
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