Two of real estate investing’s “dirty words,” the phrase rent control can give investors pause when they learn a building they’re considering falls under a city’s rent control ordinances. However, while rent control does preclude absolute maximization of a property’s potential to generate profit, the ordnances can leave room for an owner to derive a profit from their investment, if they manage it carefully. So, can you profit under rent control? Yes—if you’re very strategic.
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San Francisco and San Jose renters can rejoice—somewhat. The 2017 Mid-Year Rent Trends Report from the apartment listings website Abodo shows rental rates declined an average of 1.2 percent in The...Read More
The U.S. Census Bureau’s Quarterly Residential Vacancies and Homeownership report shows home ownership held steady across the U.S. at 63.6 percent during the first quarter of 2017. This is in...Read More
Analysts at Trulia, the online residential real estate company, have found that while the vast majority of metropolitan housing prices around the country have yet to recover their pre-recession...Read More