I see a lot more homeless people. From scanning over the map of the US of A it looks like monthly rent in just the last year has went up $200-$300 monthly and it was way high before that. People are going to need a bigger handout or get evicted.
I had a rental back during the the subprime mess and even bad tenants could buy a house which kept my rent down. I've only got one now on the farm that I let my hunters use for free. They pay utilities and it has an off the grid water system. They put a fair amount of money into it.I will never own any rentals again. It seams the the landlord has no rights. It is getting harder to evict them. Dad used to have 52 rentals back in the 80's and he heard every excuse under the sun why they could not pay the rent. He even had one guy tell him that he could do anything he wanted once he was in, dad never even let him in. He had one unit where they never cleaned, and each time he was in the unit for maintenance he would tell them to get the newspapers away from the electric heat registers, and he would have to give them the same warning every time he was in there. Once the moved the tub was so dirty he had to clean it with muriatic acid.
I personally have been told my a moving tenant that the place was dirty when they moved in; I know for a fact it was clean. They were also the same ones that asked if they could owe me the rent, they already owed the rent. After my divorce that rental had to be sold, I was never so glad to see it gone.
In a lot of housing markets there are corporate house hunters outbidding anyone with a job. They swoop in with a cash offer that's higher than asking price, outbidding civilians, and are driving the market up... driving rents up too. If you have ads in an urban area offering to buy houses without closing costs or commissions for cash, it's the same corporations buying up everything else.I see a lot more homeless people. From scanning over the map of the US of A it looks like monthly rent in just the last year has went up $200-$300 monthly and it was way high before that. People are going to need a bigger handout or get evicted.