Thursday, September 27, 2012

Rental Rates are Rising as the Market Continues to Stay HOT

Rising Rents Improve Investors’ Returns  

With rents rising faster than last year, the picture for residential real estate investors is getting even better than it already was as a result of once-in-a-generation prices and low interest rates, according to the founder of a leading Internet platform for investors and real estate professionals. Greg Rand, CEO of OwnAmerica, downplays concerns over near term price declines and urges investors to take a long view of the opportunities. “This is a long term investment,” says Rand, who differs with what he calls the “get rich quick” approach to investing. “Rents are a steady return on your investment through the years, leaving you with an attractive asset when prices improve. And they will. The best profits in real estate accrue to long term investors who take a long term view.”

Rents are growing at a 5.17 percent annualized rate compared to a 4.72 percent at this time last year! Assuming effective rent grows at the same rate in the next four months as it did in 2010, the full-year total would fall just below the historic highs of 2000 (6.18 percent) and 2005 (5.81 percent), according to a report from Axiometrics Inc., a provider of data and analysis on the apartment market. With 1.4 million new renters this year, apartment construction can’t keep up with demand. Tenants, especially former homeowners forced from their homes because of the economy, are increasingly turning to single family homes owned by investors, especially in high foreclosure markets like Las Vegas.

During this year, investors have accounted for between 20 and 40 percent of monthly existing home sales, according to surveys of Realtors by Campbell/Inside Mortgage Finance and the National Association of Realtors. Yet, the investor market share may increase even more next year. A survey by Realtor.com in April found that by a three to one margin, investors plan to be more active in their local markets compared to typical home buyers in the next 24 months, and 69 percent of investors say it’ll be easier to find properties in the near future. Most investors are newcomers. Fifty-nine percent (59%) said they’re new to real estate investing, with 33.5 percent considering their first investment purchase and 8.5 percent in the process of buying and selling their first investment property. Another 17 percent said they just completed their first transaction and plan to make more. Only 36.5 percent have experience in more than one property transaction. Author of “Crash! Boom,” Rand argues that even in the Great Depression, owning real estate was always better than not owning real estate.

Holding real estate for the long term has always been a formula for success and most family wealth has been accumulated by purchasing real estate and keeping it in the family for many generations. Real estate plus time usually equals success. There are 6 million people who went from being owners to being renters, Rand says. “The stars are aligned to make this the best time in modern history to be a landlord,” he wrote in his book.

Article Information Provided By RISMedia: http://rismedia.com

For questions or to request more information, please contact:

Michael Wallet
Star One Realtors
Star One Realtors Rentals513-942-RENT (7368)
rentals@starone.com

http://www.staronerentals.com 


Thursday, September 20, 2012

Home for Lease in Cincinnati, OH Liberty Township Real Estate

HUGE 4 Bdrm 2.5 Bath 2 Story W/ 3 Car Gar & Fenced In Back Yard


Overview
Maps
Photos
Description
Neighborhood



















$2,250
Residential Rental
Main Features
4 Bedrooms
2 Bathrooms
1 Partial Bathroom
Interior: 3,200 sqft
Lot: 0.41 acre(s)
Location
5910 Furlong Way
Liberty Township, OH 45011
USA

To get updates on open home dates and other property events, please click the "Like" button below:


Michael Wallet

Michael Wallet

Star One Rentals
(513) 942-RENT
staronerentals@gmail.com
http://www.staronerentals.com

      


Listed by: Star One Realtors Rentals / Michael Wallet

Our recent listings
Subscribe to our listing feed
See more Liberty Township, OH real estate for sale


Powered By RealBird.com



Tuesday, September 18, 2012

Star One Realtors Blood Drive


Star One Realtors continue to make a huge difference in their respective communities. This year our blood drive saved over 150 lives through the giving spirit of the agent's involved with this company and their willingness to reach out through each community. Read the below email from our corporate staff revealing the results of such a wonderful day...


If you remember our goal was to 'Knock The Socks' off last years blood drive
numbers. And that we did!

Despite the nearly 2 hour delay at the start of the day due to the
generators not working on the Hoxworth vehicle, we still did amazingly well.


* 23 donors came to corporate which resulted in 19 units of blood
collected.......LIVES SAVED 57.


* 4 donors gave that day at various Hoxworth facilities........LIVES SAVED 12
* 6 donors have given blood since the first of the year using our code (1244)
resulting in 19 units of blood.....LIVES SAVED 57
    
* (Special thanks to Greg Agricola from our NW office who has given every
month since the first of the year)


* Results from Kentucky's Blood Drive the following day:
25 donors came resulting in 20 units of blood.....LIVES SAVED 60

~ TOTAL LIVES SAVED.............................................186!

Please continue the support and let your friends, family & clients know our code is 1244 and that it is NEVER to
late to donate the gift of life. You can donate anywhere and when you give this code it will be credited to the George Hollenbeck Memorial Blood Drive.

Thanks to all who made this a LIFE SAVING EXPERIENCE!

Star One Realtors & Star One Rentals

Thursday, July 26, 2012

Addressing Today's Landlord/Tenant Immigration & Fair Housing Laws

Immigration and fair housing

By Peg Ritenour
Immigration issues continue to be in the forefront of today’s political climate. Regardless of your views on this issue, it is important for REALTORS to make sure that they are not discriminating against persons based on their national origin.
HUD has an excellent Q&A on immigration issues and fair housing on its website. According to HUD it is a violation to treat someone differently because of their ancestry, ethnicity, birthplace, culture or language. This means people cannot be denied housing opportunities because they or their family are from another country, because they have a name or accent associated with a national origin group, because they participate in certain customs associated with a national origin group, or because they are married to or associate with people of a certain national origin.
One of the questions that HUD addresses is whether landlords ask potential renters for immigration documents. Here what HUD has to say:
  • Landlords are allowed to request documentation and conduct inquiries to determine whether a potential renter meets the criteria for rental, so long as this same procedure is applied to all potential renters. Landlords can ask for identity documents and institute credit checks to ensure ability to pay rent. However, a person’s ability to pay rent or fitness as a tenant is not necessarily connected to his or her immigration status.
  • Procedures to screen potential and existing tenants for citizenship and immigration status may violate the Fair Housing Act’s prohibitions on national origin housing discrimination. HUD will investigate complaints alleging that a landlord inquired into a person’s immigration status or citizenship to see whether national origin discrimination may have occurred.
  • Landlords should remember that their policies must be consistent. If they ask for information from one person or group, they must ask for the same information from all applicants and tenants. Potential renters and home buyers cannot be treated differently because of their race, color, national origin, religion, sex, disability or familial status.
*Information from Ohio Realtor Newsletter*

Wednesday, March 21, 2012

We're extremely proud to announce the Official Launch of our Star One Rental Division within Star One Realtors. Huge thanks to our Team at Star One Realtors for making our March 19th Rentals Website Launch Party a HUGE Success!

Visit http://www.staronerentals.com and let us know what you think... All Feedback is Welcome!

Our Cincinnati & Northern Kentucky Rental Blog will have postings of Cincinnati & Northern Kentucky Homes for Rent, as well as, Cincinnati & Northern Kentucky Rental Market Updates.

Contact us by visiting our website @ http://www.staronerentals.com for more information.

Thursday, March 15, 2012

Welcome to our NEW Real Estate Rental Website!


Welcome to the Cincinnati and Northern Kentucky Blog for Real Estate Rentals. We are very proud of our new website here at Star One Realtors. We've put a lot of time and effort into making this site as informational and user friendly as possible. Thanks for stopping by, and don't forget to contact us with any questions or if you'd like to view one of our Cincinnati and Northern Kentucky Rental Properties.

www.StarOneRentals.com