Posted on 11/12/2015 11:23:52 PM PST by Up Yours Marxists
Because, as my note reads, my rental properties are in an area where I don’t want to live, but have strong rental growth. A gentrifying area that will be better in few more cycles. Now, it’s still a bit “uncomfortable” for many.
No rental increase in 5 years for me.
7-10% hikes per yearly lease renewal for my tenants, with ZERO turnover. How long this lasts, who knows?
Home Ownership is not for everyone. Circumstances vary widely.
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