Rent Update, Jan 2012, 12 vacancies, collected 89.3%

January, virtually didn't change any compare to December, we gain a few then lose a few, no sign of actual rent roll improvements, which give me a pessimistic view of this year.

Usually, Jan/Feb/March are good months for us, lots of activities during these three months, but so far, nothing is really happening.

People still prefer SFH compare to apartment living. We begin to discount some rent on the new complex, hoping to fill few more units.

and I am facing some big challenges in other RE fronts, I may end up losing 500k this year.

For January, we closed the month with 12 opens.

SFH + Duplex (44 units), collected 96.8%, 1 opens.

Commercial Office Park (10 units), collected 90%, 1 opens.

Apartment Complex (40 units), collected 91.8%, 4 opens.

Partnership Complex (40 units), collected 77.2%, 6 opens.

07/09 97.5%

08/09 95.4%

09/09 88.7%

10/09 91.6%

11/09 95.1%

12/09 92.5%

01/10 97.6%

02/10 104.6%

03/10 94.55%

04/10 90.3%

05/10 106.8%

06/10 93.4%

07/10 97.5%

08/10 93.8%

09/10 99.15%

10/10 100.8%

11/10 91.8%

12/10 89.9%

01/11 90.3%

02/11 95.6%

03/11 100.2%

04/11 98.44%

05/11 101.3%

06/11 97.06%

07/11 SFH 89.65%, Office 100%, Apt1 94%, Apt2 80.4%.

08/11 SFH 90.1%, Office 100%, Apt1 101.9%, Apt2 80.7%.

09/11 SFH 98.3%, Office 90%, Apt1 94%, Apt2 91%.

10/11 Overall 89.9%, SFH 90.9%, Office 90%, Apt1 90.9%, Apt2 86.6%.

11/11 Overall 92.4%, SFH 95.7%, Office 90%, Apt1 100.2%, Apt2 79.8%.

12/11 Overall 87.7%, SFH 94.9%, Office 90%, Apt1 90.5%, Apt2 77.5%.

2011 Year End, Overall 93.2%.

01/12 Overall 89.3%, SFH 96.8%, Office 90%, Apt1 91.8%, Apt2 77.2%.

所有跟帖： 

• Good! What challenge would cause you $500k lost this year? -backchina888- ♂ (0 bytes) () 02/07/2012 postreply 10:47:53

• 你们地区的经济状况如何？ -SunshineInCA- ♀ (301 bytes) () 02/07/2012 postreply 10:52:40

• 俺现在感觉是：投资者钱多房少。租房者人多没钱。所以还是得小心翼翼的过河。。 -MrsKwok- ♀ (0 bytes) () 02/07/2012 postreply 11:24:56

• 和本家握手，一句话“TAKE BABY STEPS TO GET THERE” -SunshineInCA- ♀ (53 bytes) () 02/07/2012 postreply 11:33:32

• 严重同意! -润- ♀ (89 bytes) () 02/07/2012 postreply 11:36:00

• 真了不起。这么多房。 -peopleman- ♂ (38 bytes) () 02/07/2012 postreply 11:58:48

• Any interest on this: -Morning3evening4- ♂ (147 bytes) () 02/07/2012 postreply 13:34:15

• haha, there was a hotel near by you went to auction block... -jy101- ♂ (524 bytes) () 02/07/2012 postreply 13:45:30

• believe or not, the rental market is going down for 2012 -sweetptt- ♂ (72 bytes) () 02/07/2012 postreply 20:31:56