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

来源: jy101 于 2012-02-07 10:37:14 [档案] [博客] [旧帖] [给我悄悄话] 本文已被阅读：次 (1850 bytes)

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%.