Is it Better to Buy or Rent - Calculator
Tuesday, March 16th, 2010I ran across this Buy vs Rent calculator. Click on the image to add your own numbers.
Archive for the ‘Rental Market’ Category
I ran across this Buy vs Rent calculator. Click on the image to add your own numbers.
rentBits Gets a new Look
Monday, February 22nd, 2010Our press release:rentbits.com Launches New WebsiteDenver, Colorado -February 10, 2010 - rentbits.com is pleased to announce the re-launch of their newly optimized website. With a fresh logo in place, the site now offers consumers a clean, intuitive rental search experience and enhanced search functionality."We felt it was time to give consumers ...
Real Estate Outlook 2010 (Jan ‘10)
Friday, January 29th, 2010Borrell Associates just released their report on Real Estate for 2010.In the report they discuss:It will take another 3-5 years for the residential side of the market to rebound. One is seven mortgages are delinquent or in foreclosure and unemployment is likely to stat at 10% or higher.Total spending on real estate ...
Time of Day When People Search Rentals
Friday, December 11th, 2009What is the highest point of the day when people search for rentals?Below is a graph of traffic to rentBits.com and the time of day. The highest point is 16 hundred hours or 4:00.
Outrageous Stowaway Footage
Thursday, December 10th, 2009By Denise ZocchiDuring my daily sorting through the media, I found this video posted on another blog. I showed my roommates and following the shocked and disgusted looks on their faces, they blamed New York City for the incident, as though city life everywhere else is much safer and ...
Real Estate Market Report: Rockford, Illinois
Monday, December 7th, 2009We have been noticing more and more listings being posted under houses for rent in Rockford. rentBits now has hundreds of listings in this relatively small town of 157,000.Rockford is located on the northern tip of Illinois and was founded 1834. According to Wikipedia, Rockford was first settled in 1834-1835 by Germanicus ...
Rental Data Analysis - White Paper
Thursday, December 3rd, 2009As discussed in our previous posts, rentBits surveyed 1000 renters and asked them various questions related to their rental search experience. The completed rental white paper is now online. Written by Zach Harper, one of our many tremendous employees, it details what renters are looking for when determining their ideal rental. For example, our ...
Fannie Mae’s Attempt to Prevent Mortgage Defaults
Tuesday, November 24th, 2009By Denise ZocchiCongress passes the Deed for Lease program which allows homeowners to rent their homes from Fannie Mae.With numerous mortgage-revival programs being placed into action every month, Fannie Mae holds the spotlight this month with their Deed for Lease program. Under this agreement, homeowners in threat of foreclosure have the ...
National Rent Continues to Fall
Wednesday, November 18th, 2009Nationally, apartment rental rates are falling. According to the Wall Street Journal, many property owners are offering incentives for residents to stay put.Amid the jobless recovery, some landlords are showering flat-screen TVs, cash, rent cuts and other incentives on tenants to encourage them to renew their apartment leases and thus avoid the expense ...
RealPage Acquires Propertyware
Wednesday, November 18th, 2009While at the NARPM convention in Orlando a few weeks ago, Real Page acquired PropertyWare, a property management solution for single family homes and small apartment communities.“This acquisition will enable managers of single family rentals and smaller apartment communities that are centrally managed, to leverage the infrastructure, controls, financial backing, and integrated services ...
Tenant flash cards: Renters’ rights made fun!
Monday, November 16th, 2009After renting five apartments in New York City, Candy realized she was still unfamiliar with her rights. What is my landlord required to repair? How does subletting work? When can my landlord enter my apartment? Her friends and acquaintaces also had problems with slumlords and, even worse, eviction.Thanks to a generous grant from ...
Landlords Decreasing Rent Prices Across the Nation
Friday, November 6th, 2009Yesterday’s blog concerning renovation negotiations with landlords could not have come at a better time. A few days ago the National Association of Independent Landlords published survey results on landlord’s current behavior with rent prices and their willingness to accommodate tenant’s financial needs. With an overwhelming 69% of independent landlords willing to reduce rent, ...
Renting and Renovating, All For The Cost Of Rent
Thursday, November 5th, 2009Anyone who has been through the rental-search process has seen the worn down apartments, which may have met the desired location and price point, but essentially did not make the cut. The scratched walls, stained floors, and water stains are hard to settle for and therefore the search continues. ...
Property Management Published Book - The 9 Laws of Success
Monday, November 2nd, 2009We recently participated in the NARPM convention that was held in Orlando, Fl. Every year, over 400 property managers from all over the US come together to share ideas, meet with vendors and receive credits for classes. This was Rent Marketer's 4th National NARPM convention. Every year, vendors give away prizes, ...
Place your Rental Listings on a Map
Wednesday, September 23rd, 2009Rent Marketer has partnered with PickRent to offer Rent Marketer customers the ability to put a map of their listings on their blog or website for free.Here is how it works: If you are a Rent Marketer customer, go to this link. Enter your Rent Marketer "Lead Contact Name" - i.e (Betty) or (Wendy Frenzel) Customize your ...
Predicting the Future of Rental Leads
Wednesday, September 9th, 2009Data from the past, can help us predict the future. This is exactly what the new Google Rental Index and Insights for Rental search offers. The Google Rental Index tracks queries related to "apartments, rentals, for rent, rent".Below is a graph of historical rental data for the last 4 years.Every year, starting in late July and ...
Todd Tyrrell Dunking - US Basketball Team
Wednesday, August 12th, 2009Our very own Todd Tyrrell was recently in Israel representing the United States basketball team for the over 35 age bracket. The US Team took the silver medal in a very close game against Israel in the finals. Todd said he could dunk and here is proof:[youtube]5RHbu83qFws[/youtube]
Apartments.com Launches MyMedia Center
Monday, July 27th, 2009Apartments.com has launched a new service called MyMedia. MyMedia is an online marketing tool that allows apartment communities to manage leads and send targeted communications to rental prospects or current residents. "We're saving our customers valuable time and money," said Kevin Doyle, senior vice president and general manager, Apartments.com. "MyMedia takes the ...
More ‘Fees’ - The Property Manager Per Unit Tax
Wednesday, July 8th, 2009I ran across an article today in the Colorado Springs Gazette entitled, "A 'fee' on renters," In it, it explains how Colorado Springs law enforcement has proposed a bill that would penalize owners of rental properties with a new 'fee' that could be passed along to renters."The fee, of course, ...
Excellent Apartment Discussions via Twitter
Friday, June 19th, 2009Twitter can be used as a wonderful learning tool if you participate in the right # (Hashtag Groups). For example, Lisa Trosien (@lisatrosien) puts on an Apartment Forum every Friday with the Hashtag #AptChat.She starts off the discussion with a question.For Example:and then leads to other questions.If you are interested in this ...
Apartments.com Study - 90% of Renters Search Across Multiple Sites
Monday, June 15th, 2009Earlier this year, Apartments.com conducted a national survey to more than 1,600 renters on their 2009 moving plans. One of the findings of this survey showed that about 90% of renters surveyed said they will search multiple apartment websites for their next apartment.The online rental industry will continue to become more fragmented. ...
4 Reasons Why Rental and Occupancy Rates are Down
Tuesday, February 24th, 2009I just got back from a short trip to California, spending time with my family at Disney Land. My parents told me they are currently looking for investment property in Simi Valley and have put 3 bids on pre-foreclosed and foreclosed homes. Each time, their bid was beaten by multiple bidders.The good ...
Oodle Raises $5.6 Million More
Tuesday, February 10th, 2009Oodle, the classifieds search engine has raised another $5.6 million bringing the total investment to $21.6 million. In November, Oodle laid off 20% of their employees.According to Compete, Oodle has been growing at a rapid pace for the last couple of months. Much of this traffic is from major partnerships with ...
Nationwide Decline in Rents
Monday, February 9th, 2009Realfacts recently released their Q408 assessment of the rental market. I believe much of their data is based on Apartments and not single family homes. "Renters looking for an apartment at the beginning of 2009 will have more choice and be able to get a better value for their rent money. A ...
Apartments.com Acquires ApartmentHomeLiving
Monday, February 2nd, 2009Apartments.com has acquired Apartment Home Living, a social media apartment website for apartment searchers for an undisclosed amount. Apartment Home Living has been seeing some good traffic increase over the past couple of months:Last year, Apartment Home Living signed an exclusive deal to have Apartments.com power their search results.
Top 10 Cities with the Highest Rental Rate Decline
Friday, January 23rd, 2009A recent article by Business Week talked about how the economic crises has opened up opportunites for tenants looking to negotiate their rent. ...
Top Rental Cities in rentBits
Monday, January 5th, 2009rentBits, our free national rental search engine, has been growing in both terms of traffic and listings each month. Using Google's new advanced segments reporting within Google Analytics, we find some interesting data. Below is a breakout of the top States and Cities rentBits performs the best in: California 11.91% ...
Search-based Keyword Tool for Real Estate
Sunday, January 4th, 2009Google just released a search-based keyword tool for all categories. It analyzes your URL, or your competitors URL and offers keyword and URL suggestions.Here is an example of how the tool works.Step 1: Enter a URL into the search boxStep 2: View Keywords or Sign in to view allYou can view keywords ...
LocalMatters Pulls its IPO
Friday, November 14th, 2008LocalMatters, a Denver based company that offers technology to businesses in the local market, has pulled their IPO. They originally submitted IPO papers in 2006 and hoped to raise up to $46 million. From their prospectus, they generated $8.4M in revenue in 2005 but had a net loss of $18.5M. According to ...
