since my last purchase back in march, I decided not to buy any more units this year, we now know we will facing a long period of economic downturn and financing will be really tight, cash is king.
last few month, on average I have 4-6 units turnover every month, I can see the trend is that family try to combine and move in a bigger house and share expenses, I been raising 3 or 4 bedroom single family house rent 5-10% and find no problem renting them, but 1 or 2 bedroom apartment complex have harder time to fill even with a move in special discount. |
