Investor Real Estate Accounts

For real estate investors to keep track of their properties rental performance and tax information in one place.

This blog covers the general topic of real estate markets.

2018 Rental Income Review by State

first posted: 2019-03-03 05:56:13.768613

It is time again to review property performance for 2018


  • net income goes from 7.9% for 2017 to 6.7% for 2018 amid rising repair costs
  • change of tenant led to a very large increase in rent
  • limited appreciation due to the triplex being limited by CCR to above 50 dwellers


  • net income goes from 7.2% to 5.9% amid property tax increase and many repairs
  • vacancies are very low and tenant turn time very short
  • strong appreciation and rent increase


  • net income inches up from 1.8% to 3.4%
  • vacancy and turn duration was again unacceptably this year
  • appreciation was limited


the partnership is cashing out on the appreciation of few houses. Distributions of 72% of the amount initially invested.


image credit By Jonathunder - Own work, GFDL 1.2.


  • net income is negative around -1% to -2% without counting financing cost
  • vacancy and high repair costs have been plaguing performance in Kansas City
  • appreciation was non-existent
  • one of the houses in a better area was supposed to be put in service in 2018, the renovation suffered such delays that it is not yet completed more than 1Y after purchase

North Carolina

  • net income rose from 5.4% (previous number low due to acquisition during the year) to 7.6%
  • vacancy time is relatively low, we did not see a tenant turn yet
  • appreciation is very strong


  • net income collapsed from 7.7% to 0.3% due to a tenant turn that was very expensive and lasted too long
  • tenant turn took three month due to a contractor issue
  • prices are stabilizing, the local tax at 3% of market value is so high that an efficient landlord is needed to eke a profit.

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