"I think that these funds, these investor groups are looking at a cultural move away from your garden apartment with elevators, swimming pools, tennis courts and common areas," Ellenburg said. "Homeownership is looking less desirable to some, particularly in the affordable arena, and they have a chance, for very close to the same price, to rent a three-bedroom, two-bath or a four-bedroom, three-bath home and are able to call it their own."
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.
Due to the high price of real estate in Sri Lanka, rental properties are a more convenient alternative for many. Expats find a house for rent in Sri Lanka a cheaper option compared to houses for sale in Sri Lanka due to tax reasons. Vacation rentals are on a short term basis and ideal for tourists. But those who move to the country for the long term can find fully furnished houses with a range of facilities in highly residential areas. Air conditioned bed rooms are important, especially due to the tropical weather and hot summer days. Rent in Sri Lanka varies based on the location. In the city centre the average price of a single story, 1 bedroom house for rent is likely to be Rs. 40-60,000 while outside the city centre the rent is much lower between Rs. 15-25,000. A 2 to 3 bedrooms’ house is ideal for an average family with dining and living rooms, house located close to local amenities. The surrounding facilities also affect the house rent.
"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."
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
Description : 3 bhk flat available for rent in wagholi, pune. It is located in eklavya prayag dham, which is a very good society.... read more The space is unfurnished, located on 1st floor of 2 floors. It has 3 bedrooms, 3 bathrooms and 3 balcony(s). It is an ideal accommodation for family and has a super built-Up area of 1511. 0 sq. Ft. It is a 1-5 years. There is 1 covered parking. Available for a monthly rent of rs. 14000 and a security deposit of rs. 40000 - view less
Description : In rohan mithila- 1 society 3bhk fully furnished apartment is available on rent.Apartment is having moduler kitchen... read more ohan dyning table sofa water purifer curtains to all windo frize washing machine. All three room having double bed and ac. All modern aminities are available in socociety like gym swimming pool and play ground for kids. Apartment is amenities facing. One balcony is attached to bed room and one to hall. One dry balcony attached to kitchen. In the apartment gas pipe line is provided.24 hr water supply is provided.. Immediate possession.Available for family or working batchalour. Additional details : The society has dedicated security guards for every tower. Partial power backup is availab supply. Piped gas facility is available in the property. - view less
"We recently entered an agreement with one of our long-standing third-party relationships to build homes that will be purchased by that third-party in a stand-alone rental community," Lennar President Rick Beckwitt said on the company's earnings call. "This community is in Florida and is the first in what we believe will be an ongoing business strategy and relationship where we build and sell homes in bulk on land owned by third parties with no lease-up risk."
Description : 2 bhk apartment for rent in madhav nagar, pune. It is a semi-Furnished apartment, located on the 4th floor of 6 flo... read moreors. The apartment has 2 bedrooms 2 bathrooms 1 balcony(s). It is also equipped with 2 wardrobe(s), 2 bed(s), 1 modular kitchen, 2 geyser(s), 1 sofa(s), 1 dining table(s), 4 fan(s), 8 light(s), 1 water purifier(s), 1 curtain(s), 1 chimney(s) and 1 exhaust fan(s). It is immediately available for all for rs. 20000 monthly. It is a 5-10 years and also has 1 covered parking. It has a super built-Up area of 993. 0 sq. Ft. - view less