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rental investments: Rental Markets Rise as Home Sales Slump - 10/30/07 01:51 PM
Two years ago, thousands of people rushed to get a piece of the booming housing market. Mortgages were easy to get, even for buyers with little or no credit. Once interest rates shifted however, buyers who received sub prime mortgages were no longer able to make their monthly payments. Now the housing market is being flooded with foreclosures.
Lenders have learned their lesson, and are much stricter with their lending policies. Now, many people who would like to enter the housing market are unable to obtain sufficient financing. This has led to a serious drought in the buyers' pool.
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rental investments: Attracting The Right Tenant - 08/28/07 02:20 PM
Only 30% of Americans rent, which makes the rental market a specialized market with a variety of niches. If you want your suite, apartment or house to rent quickly and stay rented, the first step is understanding this market. Quite simply, a well-targeted unit will bring in more rental applications and stay rented longer because it gives people what they need. Even in a housing market that has a low vacancy rate, attracting good tenants is always a good idea.
Finding the balance between who the renters are and who you want to rent to will determine a number of … (1 comments)

 

Michael Peterson

Vancouver, BC

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rentalproperties.ca

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