Reply to house renters: what's your rent and where do you live?

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Reply to "house renters: what's your rent and where do you live?"

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[quote=Anonymous][quote=Anonymous]Renters, I have news for you.  There will be a HUGE discrepency in what you pay.  Look around.  Chances are, there are new houses being built around you while your house is old and crumbly.  I would bet your house was paid off YEARS ago, and this is the owners sole source of income.  Many people who are not that ambitious do this for generations, without putting a penny into their rental and playing the sob story card.  That is what happens here.  Like I said, look around.  Tell them you will be happy to but their rat infested property and take it off their hands, so someone will actually take care of the place.  [/quote]

This is naive and misleading at best. I purchased a rental property so I could have years of income. My profit margin is sufficient to allow for any upkeep and potential vacancy between tenants. I have no interest in selling to my tenants. What I would really like is for rents to continue rising in DC for the next 20 years so that I will have a nice stream of money in my retirement. [/quote]

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