rental market

Mike
Mike
Both Buyer and Seller
90022

how is the rental market, is there a lot of turn over. I was interested in buying some rental property>

Mon Nov 12 2007, 00:01 - Market Conditions in 90022 - 3 answers
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Jim Finseth
Jim Finseth
Agent
Hermosa Beach, CA

Rents are under pressure in the Los Angeles South Bay. Classic supply/demand. If you are looking strictly for cash flow there are opportunities in near-by South Bay cities where the GRM is around 10.0
For a combination of location, appreciation and cash flow, I like the Redondo Beach market at this time.

Web Reference: http://www.incomeprops.com
Sun Jul 6 2008, 00:40
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Monique Carrabba...
Monique Carrabba...
Agent
Los Angeles, CA

Hello Mike,

The rental market is steady. I'm seeing a lot of homes unsold put up for lease so, so there is a little more competition. Other than that I'd say the rental market is steady and still churning along.


Monique Carrabba

Web Reference: http://www.thereavisgroup.com
Tue Mar 18 2008, 01:34
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Perry Henderson
Perry Henderson
Agent
Austin, TX
FIRST ANSWER

Rental market is strong here in Austin. For $199K, you get a 24 month lease at $2000 a month in a newer home.

Web Reference: http://www.perryhenderson.com
Mon Nov 12 2007, 07:18
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