monthly rent

Real Estate Term Du Jour: “Luxury Rental”

Define, “Luxury“ Is everything now a “luxury rental?” Put it this way:  driving around the Twin Cities, I haven’t seen many billboards trumpeting “spartan rentals” lately. So, are they?  (Luxury, that is?) It’s sort of like Supreme Court Justice Potter Stewart’s line about pornography (“I can’t define it . .  but I know it when I...
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"How much does that home rent for?"

How to Predict (House) Rental Rates Want to know the best predictor of what a given home rents for? Figure out when the owner bought. If they bought between 2004 and 2008 — especially if they didn’t put much down — they want an arm and a leg. Or more accurately, they need an arm...
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