Discover and read the best of Twitter Threads about #rental
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Picture this: You're the average #Canadian, which means your take home pay after taxes is $4000 a month. Ontario is expensive, so you allocate $1400 a month to #rent an apartment in the #GTA. These are your SEVEN choices as of March 30th, 2023
@RE_MarketWatch @ronmortgageguy
@RE_MarketWatch @ronmortgageguy
@RE_MarketWatch @ronmortgageguy What happens if you bump up your #rental budget to $1600? You now get 15 choices, IF you include the ONE in #Mississauga.
What about $1800? Any guesses? 24 is your answer.
I haven’t been really work focused as we are flat hunting, so all I can share is the amazing weirdnesses of London rental market. Like this PHOTOSHOPPED IN sky 😂😂😂
Lord only knows what’s really the view. Because, ya kno, they made it seem like the flat is close to heaven 😂😂
Lord only knows what’s really the view. Because, ya kno, they made it seem like the flat is close to heaven 😂😂
On the topic of great views, here is a real one from a flat in Peckham today. Yes, you see it correctly, it’s a flat fully out of wood w some lovely floors. Is it a yes or a no?
Ok, the London rental fun continues. 😅 How about LIVING IN AN ACTUAL F-ING DUNGEON CITY CAVE no windows and all for 3k? At least the floor is polished & there are no carpets. How is this real life even?
.#Housing starts came in at 1.314M in Oct., just short of consensus, but displayed solid gains in both single- and multi-family subcomponents. Further, building permits increased to 1.46M, so the housing sector appears to be benefitting from more accommodative #rate levels.
While a strong #housing sector is a clear positive for #economic growth, it holds a more complex influence on #inflation, as significant supply of new apartments, and impressive completions in 2018 and so far in 2019, appear to be weighing on actual and implied rent price levels.
Interestingly, there seems to be some divergence in the strength of #rental prices by size of city, with major urban centers (Los Angeles, New York, San Francisco, and Chicago) witnessing slowing owners-equivalent-rent growth (OER), while smaller cities hold up.
Are you ready to scale up your real estate business for Good?
1. Start small - 1 unit of a not too expensive property option and put it to work
2. Reinvest the yield/profit to a bigger opportunity. Bigger could mean a different environment or yield opportunity
#RealEstate
1. Start small - 1 unit of a not too expensive property option and put it to work
2. Reinvest the yield/profit to a bigger opportunity. Bigger could mean a different environment or yield opportunity
#RealEstate
3. Switch into multi unit opportunities- could be residential or retail. Controlling more units means more profits with literally the same effort.
4. Upgrade into owning your own building or property fully. This is easier and more viable with mixed use commercial units.
4. Upgrade into owning your own building or property fully. This is easier and more viable with mixed use commercial units.
Because you can now have your offices within the building at almost no cost to you.
If you choose to do same with residential units, it might be worthwhile to also live in one of the units
#realestateinvesting
#Property
#investing
#rental
#commercialrealestate
#business
If you choose to do same with residential units, it might be worthwhile to also live in one of the units
#realestateinvesting
#Property
#investing
#rental
#commercialrealestate
#business
