Tag: United States

With listing prices down across the United States and many foreclosures and bank owned properties on the market — the time is certainly right for buying property. It is also the perfect time for real estate investors to enter or re-enter the market. There are rental shortages in various markets in the U.S. The low inventory and high demand for rentals is driving the cost of rental properties higher. Now is the time to purchase single family homes, duplexes, four plexes, and commercial apartment complexes. A lower vacancy rate coupled with a predictably higher return on investment makes it an attractive time to invest in real estate.

According to an article published by the Daily Real Estate News in April 2011, “The cost of renting continues to rise as vacancies remain low. The number of renters increased 8 percent nationally between 2007 and 2009, according to Census Bureau figures, and rents climbed 3 percent nationwide.” Online sources concur. In 2010, rental prices soared even more. HotPads.com, a highly trafficked and well-respected real estate website, reports that “rent prices nationwide rose 11.6 percent in 2010, from an average of $1,181 in January to $1,319 in December.” Multiple sources report a trend in rental property price increases nationwide.

As a property manager in the Williamsburg, VA real estate market, I have seen rental property prices increase over the past three years. A single family home that used to rent for $900-1000 per month now costs $1,100-1,250 per month. As more and more people feel the strains of the present economy, renting is their only option. Its more challenging to purchase a home now than before. The homebuyer must have a down payment, be willing to pay closing costs and have a high enough credit score to qualify for a mortgage.

For property investors looking to purchase a single family home or duplex, a traditional mortgage will apply. However, if the investor wants to purchase a multi-family dwelling, fourplex or an apartment complex, a commercial property loan is needed. When investors choose the latter, I encourage them to review the rent rolls. This will include the rental history of the property. Rent rolls are an indispensable financial tool for making the decision to buy. Currently, rehab loans are only available on primary residences not on rental property. This means investors should also have the cash available to repair, update or rehab a property, in addition to the down payment and monthly mortgage.

Real estate can also be an excellent tax shelter. Rental properties can be depreciated on taxes. Repairs, maintenance, property management fees, travel to and from a property and other expenses related to the property are all tax deductible. If a real estate investor wants to defer taxes, he or she has the option now to place the real estate property into an IRA or charitable remainder trust.

Compared to other types of investments real estate is less risky. The owner has more oversight and control over residential and commercial property investments. Its true that real estate investments may lose value over the short term, but historically, property investment has been established as a reliable way to create and keep wealth over the long term.

As investors enter the real estate market after several years of sitting back, they will want to secure a reliable and experienced property manager to maintain a good, even cash flow. With rentals absorbing up to 50% of most household incomes these days, it could conceivably become more difficult to collect the monthly rent. A savvy and aggressive property manager will ensure rents are collected in a timely manner and that repairs are made on the property when tenants request them.

Real estate investment is not for everyone. So, think carefully about whether acquiring property is the way to go before making a purchase.

For more information on residential and commercial investment properties or property management services, visit http://www.voncannonrealestate.com.

When you need to move your things from one place to another, it means a lot of things to do, from packing all your possessions to loading it up in the truck. Many individuals said that this is one of the hardest jobs a person can experience since all the preparations and all the stuff that you need to accomplish is somewhat complicated.

Aside from the preparations that you need to do, you also have to consider the budget you need to hire a truck. This is one of the most important aspects in relocating. This is not a problem anymore since there are several companies that offer much lower rate to their vehicles that help lots of people in their moving.

Still, although there are lots of companies that rent their automobiles to numerous of people, not all can meet the budget you have to move all of your things and furniture. It is a great thing that Budget Truck Rental can provide you a high-quality service and most particularly, you do not have to spend too much money to hire their vehicle compared with other renting companies.

In addition, in the United States, Budget Truck Rental is the second largest truck rental company and they really offer their customers the best of their services. In general, Budget is the company that offers the lowest rate when it comes to the fees of their moving vehicles that you can enjoy and afford without sacrificing the quality of their services.

Moreover, you can also acquire best deals with this firm because you can make agreements with them particularly if you are in a tight budget. Although they give their services for a very low rate, it does not mean that their quality is poor because it is not. A lot of individuals have already proved that their services are really good.

You can be at peace with the service of this firm because they can ensure you that they can relocate all of your possessions and other stuff with no trouble at all. They are also offering different kinds of automobiles, such as big trucks, vans, pickups and many more. These automobiles also come in various sizes, from small to large vehicles. Before you hire one, you need to calculate first all the necessary things that you need to transfer so that you know what size you need. Budget Truck Rental has also contracts with Isuzu, Navistar International, GMC and Ford to construct their rental vehicles.

Banks may not be lending but rent to own homes are booming! Rent to own homes are becoming pretty commonplace, owner financing also known as seller financing is a real estate financing technique where the buyer borrows from the seller as opposed to, or in addition to a bank.

Rent to own homes are becoming a typical way to sell a property due to the fact that it is problematic to sell properties in this economic crisis. Most of these rent to own homes are fsbo, for sale by owner. Frequently, finding a real estate agent who is willing to work with rent to own homes can be difficult for buyers and sellers. Occasionally, finding rent to own homes can be kind of hard to do.

There are various ways in which rent to own homes can come about. Generally, rent to own homes are seller financed by landlords or investors that seek to enhance their financial return by offering purchase choices to their tenants in exchange for a reasonable deposit and a rental rate premium. The majority of sellers of rent to own homes are considerably reasonable when it comes to the down payment. Sellers of rent to own homes will expect you to have bumpy credit and will know how to help. Usually, these owners with rent to own homes can compete and make the best home and terms available for you. Frequently, rent to own homes are in marvelous condition, most homes are less than 5-10 years old and at bare minimum have just been renovated. Any way you look at it, rent to own homes are an immediate answer and an intelligent alternative to traditional loans.

Due to the significant initial down payment and lease payment premium that are unique to lease option contracts, rent to own homes can be considerably risky. Common lease periods for this arrangement are three years long, though longer or shorter leases for rent to own homes are not altogether unheard of. Really, rent to own homes will allow you to finally begin earning equity in a home now. Again, if you are interested in a rent to own program then you can expect to put 5-10% of the loan amount down or if are interested in buying residential real estate properties that are selling below market value then leasing or doing rent to own with tenant buyers then rent to own is for you.

Rent to own homes can be a wonderful way to buy or sell a house in the current economic environment. Rent to own homes are a certain way to increase the financial stability of a person, and help him repair his credit. Rent to own homes are long-term rental agreement that can allow a person to buy a home with minimal financial stress. Rent to own homes are a great way for people to give home ownership a shot without actually having to get a loan. The negotiation routine of rent to own homes will be different from normal home bargaining.

Rent to own homes can potentially be a great or poor deal, depending on the contract obtained at the very beginning of the agreement. Rent to own homes can help the seller still acquire some income from the home when otherwise it may be a constant drain on the seller’s finances. Rent to own homes are a trial run for the tenant as they learn the responsibilities that come with the house. Individuals living in the rent to own homes will be expected to take care of the lawn as if it is their own and pay utilities. Rent to own homes are also a good way for you to build equity before you even own the home.

Rent to own homes can be found advertised online, in newspapers, or on street signs. Besides that, rent to own homes are available in almost any neighborhood or subdivision across the United States, but there could be a hidden risk to your arrangement, and the money you put up for a down payment. Commonly, rent to own homes can also be the perfect solution for those who have gone through bankruptcy, divorce or any other types of financial hardships that may prohibit them from meeting stringent requirements put fourth by banks and other lenders. Rent to own homes can essentially help you get into a house without having to go through all the hassles that are regularly involved.

New York, New york, February 19, 2014 – A convenient and easy-to-read chart located at http://www.rentmyvacationhome.com shows the average people that visit each website per month. By filling out one easy to use form that changes 115 sites immediately.

Next, the real estate sites then picks up these changes on the new Rent My Vacation Home.com company Internet portal. The portal automatically submits the Vacation Homes to not only the 115 sites controlled by Rent My Vacation Home.com but All the 3rd party sites listed at http://www.rentmyvacationhome.com.

First, vacation owners join the network by either paying $99 for the year or on a free commission only basis of 9%. After the Vacation Homeowner makes the listing it is then transferred onto large network servers.

By using large servers located throughout the United States the vacation rental data is transferred within seconds across the Internet. The fiber optic lines that make up the Rent My Vacation Home.com network are some of the fastest Mbps Internet connections in the industry along with large quad Pentium servers strategically located in different parts of the United States.

Over 100 sites and offices receive the changes immediately and then the information is filtered to large third-party real estate firms that distribute the listings even further. At the end of the cycle the vacation listing appears in front of 120 million vacationers each month.

This technology using network distribution to hundreds of portals is new to the vacation rental industry. Vacation Homeowners now do not have to try and promote their home using hundreds of passwords and sites.

The new Vacation Rental network system presented by Rent My Vacation Home .com enables one distribution point for advertisement to Vacationers from Homeowners. Vacationers can use the system knowing that Rent My Vacation Home.com guarantees the stay on their reservation system and Vacation Homeowners are offered a refund if they do not receive rentals.

For more information about Rent My Vacation Home dot com please go to http://www.rentmyvacationhome.com/ and also call them at 1-800-699-7684 with an email address of info(at)rentmyvacationhome(dot)com.

Press Contact:
Jay Kalin
Rent My Vacation Home
New York, New york
+1 (800) 699-7684

Vacation Rentals Rent My Vacation Home

Figuring out what a decent price for a rental car is versus a complete rip-off is not nearly as easy to determine as one might initially think. Rates vary depending on which company, which city, and which day it is. Strangely enough, it is not unheard of to get four different quotes on how much it would cost to rent a car on four consecutive days. One of the things that kills car renters wallets, is not doing the research to learn what the local fees and taxes on car rentals are.

In fact, local and state taxes make up an extremely high amount of the total car rental cost. In the 100 most heavily trafficked U.S. airports, the airport itself, and demanded rent was often a problem. Such add-ons averaged nearly 26 percent of the entire cost, compared with a 14 percent average for off-airport locations. In some cities the gap between on-airport and off-airport costs is nearly unbelievable. In Dallas, for example, 61.4 percent of the total cost of renting a car at the airport came from taxes, while taxes at nearby neighborhood locations only made up 17 percent of the total. Like most taxes, these just continue to grow.

The most expensive cities in the United States to rent a car (the taxes are so high that it actually is an absurd idea for most people to even think about renting a vehicle here) are Boston, New York, and Houston. In all three cities rates can easily almost double over what was advertised. At Houston’s Intercontinental Airport, if you rent a car for two days at $50 per day, you’d expect your bill to be about $100. Once taxes and fees are added in, watch out, because you will owe a minimum of $171. Aside from the big three, some of the other worst rental rates from airports include Austin, Cleveland, Dallas/Fort Worth and New Orleans. No matter what city you are in, it is often a good idea to rent from centers away from the airport. They will always be cheaper.

Taxes and fees (which are often much higher in cities that need funds for construction of convention centers or stadiums) can increase your final bill by up to 70 percent. Watch out for these cities, watch out for the taxes. While it may be uavoidable, really weigh your options. Is it really worth this much to rent a car instead of using public transportation? At the very least, find a rental center away from the airport. It might be a little inconvienent, but at least you save yourself something, which in high tax cities, migh end up being more than just a few pennies; it might be a small bundle.