TENANT PROFILE: tenants are the biggest influence on Neighborhood and Property Class.- If you don't believe us, think about what will happen if you put several Class D tenants in a Class A apartment building.

Since costs of living depend on the area of the country, this will also influence hourly rates.Again though, Google AI can provide answers!

They are not the passive income dream that some influencers will have you believe they are, and getting a “free” laundromat likely isn’t as good of a deal as it might seem.

Though I expect that to increase in the future when more ADUs are constructed.

The findings are particularly interesting for those focused on the Columbus, Ohio market, which topped the list for both two-bedroom and three-bedroom rental searches.The report also notes a shift towards more apartment searches, influenced by the scarcity of single-family homes and rising interest rates.

I do not care what the source of the return is  Historically the highest return is via a value add and appreciation and is more so recently due to the recent rate increase versus earlier this century (before 2022).However, most new RE investors cannot handle extended periods of large negative cash flow.  

If so, you will need to apply for a change of number of bedrooms on the standard CHA rent increase form.

It does beat the expected inflation rate of 2% set by the Fed.Rents will remain about the sameWhat’s interesting is they also expect:A 11.7% increase in existing home inventory followed by Single-family new home starts growing at an impressive 13.8%. 

This is where you can significantly increase the value of the property by making improvements that attract quality tenants and justify a higher rental price.

As prices increase, fewer people can afford to buy homes, forcing them to rent.