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Rents starting to decrease everywhere....


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Posted

Yeah … for most of my friends and ours they didn’t increase rent during the lease renewal …. Looks like rentals cooled a bit 

  • Upvote 1
Posted
13 minutes ago, Thokkalee said:

Winter lo apartments ki low demand vaa.. I have always renewed my lease in Winter.. always got away with a minimal or no raise in the rents.. 

summer la schools ki, job changes ki ekkuva move avtaaru.. so more demand.. 

winter lo teeskunav kabati meeku kudurtundi bro not for all kada.. 

Posted
9 minutes ago, KaipuRaja said:

winter lo teeskunav kabati meeku kudurtundi bro not for all kada.. 

yes of course.. all I am saying is that the rents are always low in winter than in summer.. 

Posted
1 hour ago, Thokkalee said:

yes of course.. all I am saying is that the rents are always low in winter than in summer.. 

gotcha

Posted
2 hours ago, Thokkalee said:

yes of course.. all I am saying is that the rents are always low in winter than in summer.. 

It's all about when the school calendar starts , those two months  will see highest rental growth 

Posted
9 hours ago, Thokkalee said:

Winter lo apartments ki low demand vaa.. I have always renewed my lease in Winter.. always got away with a minimal or no raise in the rents.. 

summer la schools ki, job changes ki ekkuva move avtaaru.. so more demand.. 

Next summer will be even less.....its start of a trend.

Posted
11 hours ago, Sonu_Patel said:

inka enni rojulu rents kattalo ani @perugu_vada thinking.

Bhaaram anukuntu katte mortgage payment kanna rental ye better e market lo baby_dc1

  • Upvote 1
Posted
11 hours ago, Sonu_Patel said:

inka enni rojulu rents kattalo ani @perugu_vada thinking.

perugu uncle is not a renter, he is a landlord in austin ani bayata talk.

  • 2 months later...
Posted
On 12/10/2022 at 5:06 PM, krishnaaa said:

Look around for lower rentals.

If you have a lease renewal coming up, don't sign without renegotiating.

Or else you will feel hurt when the cycle takes off.

Lennar just started dumping 5000 homes to rental investos at steep discounts.

The place where I stay, new apartments are coming up in 2023.

I see lower rents already

https://www.bloomberg.com/news/articles/2022-12-09/lennar-offers-5-000-homes-to-investors-with-buyer-demand-sliding

cUMIlP-360.gifBarking dog 

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