Renting houses or apartments instead of hotels saves money
Book a hotel in a popular destination and you know what to expect: a bed, a mini-fridge, and a big bill at checkout. In Europe’s big cities, for example, you can easily spend anywhere from $150 to $300 a night .
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According to the nations largest commercial real estate firm, Marcus and Millichap, lenders are not liquidating distressed properties. Instead they are holding them and collecting the income until the market changes by paying management companies to run and improve the cash flow of the foreclosed businesses, shopping centers, apartments, etc.
All of a sudden banks are seriously in the commercial real estate business! They are not making new loans. Commercial loans and SBA loans are down somewhere like 95 percent this year!
Since banks made bad decisions to begin with why are they allowed to hold these assets instead of liquidate them like they should? A troubled bank should not be able to afford to hold these assets, let alone hire a management company. Are they able to afford it because of the bailout?
we live in charlotte nc and id like to stay away from the cookie cutter apartment complexes, but im not sure which would be cheaper… renting a house or an apartment?
we only NEED a one bedroom…
rates for rental houses seem to be lower then some apartments around here…
I guess Im asking, what exactly do we pay for when renting a house?
we live in charlotte nc and id like to stay away from the cookie cutter apartment complexes, but im not sure which would be cheaper… renting a house or an apartment?
we only NEED a one bedroom…
rates for rental houses seem to be lower then some apartments around here…
i recently bought more than a few apartments witch are already being rented by people. i want to make sure they pay and stuff and i don’t know how i should manage it.
