If you need assistance, please call 407-513-4724

You Want to Raise My Rent How Much?

Wednesday, May 13, 2015   /   by Matthew Freda

You Want to Raise My Rent How Much?

You Want to Raise My Rent How Much? | Simplifying The Market

You Want to Raise My Rent How Much?

We recently reported that investment purchases in 2014 fell 7.4% for the year, that combined with a diminished supply of distressed inventory allowing for big profits, has real estate investors looking for a new way to make more money in 2015.

So if they don’t have new properties to buy… how would they make more money? Easy… they are going to raise your rent!

 

A recent article from Bloomberg Business gave insight into exactly what the CEO’s of major investment firms are thinking.

“We are focusing aggressively on rent bumps,” American Residential Properties CEO Stephen Schmitz said during a panel discussion. “There’s a supply imbalance in some markets. The same thing that keeps occupancy high also drives rents.”

How Much Are They Going To Raise Your Rent?

Rental rates are predicted to increase 4% on renewals and as much as 5.7% for new tenants.

Haendel St. Juste, a Morgan Stanley analyst put it this way:

“The focus is now on optimizing revenue, compared to getting heads in beds,”

So What Can You Do?

If you are one of the millions of renters out there dreading the day that you have to renew your lease, or planning to move into a new rental property, let's get together and evaluate your ability to lock in your housing cost, by buying now.

 

Matthew
Freda
 
 
Freda Realty, Inc.
Longwood, FL
(407) 513-4724
Freda Realty...Experience the Difference!
Visit Website

 

 

Get in Touch

 

 

 

eXp Realty, LLC
Matthew Freda
651 W Warren Ave
Longwood, FL
407-513-4724

© 2020 My Florida Regional MLS DBA Stellar MLS, Inc.. All rights reserved. The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS, Inc. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.2/19/2020 7:40 PM CST