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I see renting for 2% of its value thrown around all over the place as a rule of thumb, is it a sign that one should rent if rents are under 1% of property value in a neighborhood? There's an upper middle class neighborhood near me where there are only a couple of rental houses, but they are being rented for $2400/mo in an area where homes are $380k+. Is this insane landlords losing money?
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# ¿ Jun 10, 2013 17:02 |
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# ¿ May 8, 2024 09:17 |
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Zero VGS posted:I just had a tenant casually mention to me that he's getting a cat. I instantly objected, I loving hate cats, but he said he already signed the paperwork. He feels bad for not checking with me first. A large deposit seems like the right answer, I'd let them build up a ~$1000 deposit over a long period of time and then make it clear to him that any cat-caused repairs you have to make after that will come from the deposit. Your plan seems way more fair than large companies that do ~$50/mo pet rent on top of a huge pet deposit.
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# ¿ May 11, 2015 23:23 |