Come spring, excited gardeners drive to nurseries, load up their cars and go home to plant. That’s tradition. But fall planting also ranks high as a time to put plants in the ground.Nurseries may
Investing In Portland Rentals You Can Do Better Or Not
Dated: February 19 2014
Views: 505
So says Seattle-based All Property Management, which ranked 75 American cities for its first quarter Rental Property Investment score report, released Tuesday. Portland came in 43rd overall in the rankings, which consider factors such as vacancy rates, rent trends, cap rates, job growth, housing prices and property appreciation.
With a rental vacancy rate of 3 percent, Portland should be a landlord’s dream. But the City of Roses was dinged for its relatively low capitalization rate or “cap rate,” which represents the return on the investors investment based on current rents. Portland’s moderate cap rate — 6.53 percent according to All Property — couldn’t hold a candle to the top investment city, Grand Rapids, Mich., which boasts an investor-friendly cap rate of 10.6 percent. Read More Here...
cb
Mark Ross
For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 30 years in the industry, Mark has gained experience in ....
Latest Blog Posts
Limited inventory, supply chain disruptions and concerns about inflation have led economists at Fannie Mae to lower their mortgage origination forecasts for the remainder of this year and into 2022
When you make an offer on a house, you might be wondering: How long does it take a home seller to respond to your offer?There’s nothing worse than sitting around waiting—especially when you’re
Servicers’ forbearance portfolio volume fell once again last week, as exits remained elevated compared to requests or re-entries. The total number of loans in forbearance dropped by eight basis
All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLSTM. The content relating to real estate for sale on this web site comes in part from the IDX program of the
