"It's viewed as an ancillary income stream. We see this as more and more renters may prefer to raise a family or live in a single-family home versus an apartment complex or community or building. And so it is part of our Apartment Living group," Toll Brothers CEO Douglas Yearley said on the company's second quarter earnings conference call last month.
Description : 1 bhk flat available for rent in wagholi, pune. It is located in rohan abhilasha, which is a very good society. The... read more space is furnished, located on 5th floor of 13 floors. It has 1 bedrooms, 1 bathrooms and 1 balcony(s). The flat is built on the principles of feng-Shui/vaastu. It is an ideal accommodation for all and has a super built-Up area of 621 sq. Ft. It includes 1 wardrobe(s), 1 bed(s), 1 modular kitchen, 1 fridge(s), 1 geyser(s), 1 tv(s), 1 sofa(s), 1 dining table(s), 5 fan(s), 5 light(s), 1 stove(s), 1 washing machine(s), 1 water purifier(s), 1 dining table(s), 1 curtain(s), 1 chimney(s) and 1 exhaust fan(s) and has facilities like intercom facility, lift(s), park, maintenance staff, water storage, visitor parking and security/fire alarm etc. In addition, it has vitrified flooring. It is a 0-1 year old property. Since it is located in a gated society, you can be assured of security. The flat is west facing. There is 1 covered parking. Full power back up. Available for a monthly - view less
The only operating expense for landlords is the landscaping. In addition, the rents for single family are growing fast at 4.5% annually now compared with 3% rent growth for multifamily apartments, according to John Burns Real Estate Consulting. There is also much less turnover in single-family rentals, and the rental market is much less volatile than the home sales market.
Foreclosures, however, are now few and far between. Distressed properties — foreclosures and short sales ) — make up just 2% of home sales today, down from a high of 49% in March 2009, according to the National Association of Realtors. The regular existing home market is very pricey, so investors are now turning to a new strategy: Buy new. And suddenly, the so-called build-to-rent market is exploding.
Find a HUD-approved housing counselor in your area online or call 1-800-569-4287 to find a local housing counseling agency Housing Counseling Agency: an organization with experts who provide advice on buying a home, renting, avoiding mortgage default (missing a payment) and foreclosure, and credit issues. . The counselor may be from a non-profit organization approved to offer advice on housing assistance.