Shayne Stone, "Your Rock Solid Choice Realtor" (Champion Real Estate Group)

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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Despite the eviction moratorium in California - investors are buying up properties to rent. They are paying a premium for the properties as well. 

Mar 26, 2021 12:56 PM
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420,358
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Here in Las Vegas, I can own a 2 bedroom cheaper than I can rent a 1 bedroom. Still, rents keep going up. Go figure.

Mar 26, 2021 12:08 PM
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Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Not in Oregon. State wide rent control has put the brakes on investment property.

Mar 26, 2021 12:48 PM
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

We went to landlords market to renters market to no market and now investor market with subzidation by the state and federal governments. Now, to be a landlord is the place to be along with being a homeowner....

Mar 26, 2021 12:09 PM
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Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

I like to see a much higher cap rate.

Mar 26, 2021 08:42 PM
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Steve Higgins
RE/MAX Kelowna - Kelowna, BC

With our market being so hot the rental market is being depleted by about 10-15%. Owners are either moving into their properties or selling them. We are the 6th most expensive rental market in Canada with a vacancy rate around 2% or less.

Mar 26, 2021 06:17 PM
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Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Blackstone has been buying SFH and offering very, very competitive prices for listed homes.
The eviction moritorium in Flordia was meaningless since 'Tenant Agreements' were not included in the moritorium.
Anyone in the paycheck to paycheck situation is at great risk.

Mar 26, 2021 02:11 PM
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Shayne, cannot say I have seen builders renting the homes, as we need the inventory.

Mar 27, 2021 05:56 AM
Rainmaker
4,011,695
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Downtown Chicago has long been a haven for investors to purchase condos for use as rentals. The market has been soft for some time and rent rates dipped. Competition is fierce especially for units that are outdated given new construction apartment buildings that are offering big concessions.

Mar 27, 2021 04:27 AM
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826,659
Andrea Bedard
Thompson Company, REALTORS® 240.593.2860 - Silver Spring, MD
Fluent in German and Real Estate * M.A. ABR ASP

Yes, I am seeing it, too, here in Maryland. Just looked at a rental today that was bought by an investor in February, paid 17K or so over asking. Monthly rent is well below 1% - more like 0.60%. Crazy! 

Mar 26, 2021 07:35 PM
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Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Not happening here in Utah, Shayne! New construction companies are implementing bid wars on build jobs now with escalation clauses and houses are going into multiple offers way above list price.

Mar 26, 2021 05:52 PM
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Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

I'm not gettin' it. Investors selling with tenants? Not many here at the moment but as the months go on .....

1% of market value for rent is nonsense. I thought that was busted years ago.

Home builders gotta do what they gotta do.

Mar 26, 2021 01:19 PM
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Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Renting makes a lot of sense and is often far more cost-effective than buying, for a number of reasons.

Mar 27, 2021 11:35 AM