Increasing Demand Vacation Rental Properties

Vacation rental properties along the East Coast are reported to be garnering increased weekly rates.  The highest summer rental rates in the country are in the Hamptons and Martha’s Vineyard with slightly more modest rental rates along the New Jersey Coast.

http://www.bizjournals.com/philadelphia/news/2017/06/23/vacation-rental-price-comparsion-cape-may-rehoboth.html

Chicago’s Logan Square To Get Micro Apartments

A six-story transit-oriented development with 138 “micro apartments”, has been given the green light to demolish adjacent properties and begin construction. The apartments will be located at 2342-48 N. California Avenue in Chicago.

https://chicago.curbed.com/2017/6/22/15854674/chicago-development-logan-square-micro-apartments-tod

What Are The Risks of Owning Rental Properties?

Any investment comes with risks but owning rental properties is one part of a diversified investment portfolio for many investors.

Rental properties often come with a required ‘hands-on’ approach, including contact with tenants, dispute resolution and awareness of local and national rental regulations.

Here’s a link to an article discussing five of the common risks involved in investment rental properties.

https://www.inman.com/2017/06/09/5-potential-risks-you-face-with-rental-properties/

Ultra Luxury Apartments Coming To Lake Shore Drive, Chicago

The high priced two- and three-bedroom apartments, many with floor-to-ceiling views of Lake Michigan would be built on the last remaining empty shoreline lot.

https://www.dnainfo.com/chicago/20170531/gold-coast/gold-coast-apartments-61-east-banks-street-rents-lakefront-ultra-luxury-draper-kramer

Dallas Apartment Boom Struggles To Keep Up With Demand

More people are moving to Dallas than ever before, including young professionals and empty nesters.  Dallas is becoming even more attractive with the investment in Trinity Park, said to be 11 times bigger than Central Park in New York.

Dallas Apartment Building Spree

Wisconsin Folks Renting Their Homes For US Open

Airbnb and VRBO show hundreds of houses in southeastern Wisconsin are being offered for rent during the week of the U.S. Open, which runs June 12-18.

http://www.jsonline.com/story/money/business/2017/05/22/plenty-homes-rent-during-u-s-open/323769001/http://www.jsonline.com/story/money/business/2017/05/22/plenty-homes-rent-during-u-s-open/323769001/

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REITS Adding More Rental Properties

Investment companies called REITS are adding more rental properties to their inventory, betting that many will potential home buyers will find renting a better option.

http://www.stltoday.com/business/local/investors-double-down-on-rental-properties/article_87292651-87f1-57f3-9364-691fc5e3e931.html