Thanks for the links.
We’re looking at rental houses between north of Charlotte and below Winston-Salem. 95% are being rented by big companies (FirstKey, HomeRiver, Progress). I haven’t researched these companies, but I bet they’re subsidiaries of various funds that have jumped into the rental market.
Each rental unit description lists details of the various fees a renter pays above the basic rent...application fee for EACH tenant, upfront pet fee, monthly pet fee for EACH pet, HVAC filter exchange fee, pool maintenance fee, HOA fee, parking fees (if any). It gets expensive real fast.
I also notice many of these units are staying on the market for several months...with consistent price reductions.
“95% are being rented by big companies (FirstKey, HomeRiver, Progress). I haven’t researched these companies, but I bet they’re subsidiaries of various funds that have jumped into the rental market.”
Probably BlackRock. They’re conspiring with the RATs to force low-income subsidized housing to be integrated with higher-end neighborhoods. The goal is to harm the working class, MAGA-type citizens. Truly evil.
There is at least one of those types on our street. I ckd online, rent was more than double our mtg pmt. It sat for awhile too. Maybe company is banking on folks from CA or NY renting n thinking that rent is a steal!!
CoupFlu was NEVER about public health, was it.
Bet various Deep State’s, especially China’s, ate buying up all kinds of real estate st bargain prices.
And don’t get me started on the Ports America deal...