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.
Narang Realty is a family owned company with generations deeply and firmly rooted in leadership, integrity and trust. With over 30+ years of experience the company is synonymous for their expertise in the business; right from site selection, land planning to designing and building of residential and commercial complexes. Working towards the goal of transforming the skyline of Mumbai, the organisation's backbone is quality infrastructure. Aligned with their vision, all projects provide a prudently hewed combination of exceptional design, state-of-the-art technology and superlative facilities. The company strives to improve everything it touches; with a focus on public private partnerships, community development, real asset investment management and multi-family housing. The Wadhwa Group: The Wadhwa Group carries a rich legacy of over half a century built on the trust and belief of our customers and stakeholders. The group is one of Mumbai's leading real estate companies and is currently developing residential, commercial and township projects spread across approximately 4.21 Million sq.m Developed, ongoing & future (45 million square feet). Timely completion of projects coupled with strong planning and design innovation gives the group an edge over its competitors. As an organization, the group is also known for its employee-friendly and professional working environment. Today, the group's clientele comprises of over 20,000 satisfied customers and over 100 MNC corporate tenants.
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.
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You can store multiple payment methods in your account, allowing you to pay your rent from multiple sources – for example, part from checking, part from savings, and part on a debit/credit card. More information about rent payment upgrades is coming shortly. If you have any questions in the meantime, please contact your property management office.
"We've got clients, multiple, well over a couple billion dollars worth of capital looking to place in this space," said Michael Finch, executive vice president at SVN/SFRhub Advisors, a new Phoenix-based commercial brokerage firm focused on single family rental and build-to-rent investment portfolios. "They are looking to acquire 5-6,000 homes in the next two years."
If you still prefer to pay by mail, please ensure you are mailing your rent EARLY to allow three to five business days for delivery and processing. When you receive your monthly rent statement each month, just tear off the remittance slip and place it in the enclosed envelope with your check or money order made out to “New York City Housing Authority.”