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Reply to "To the SFH landlord "investor" in AU Park"
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[quote=Anonymous]Maybe they should have said they are tired of hedge funds and investors buying up property. In my neighborhood many families have been outbid by investors as they can offer cash. They either rent them out or do an ugly/ cheap flip. One home a few streets away is rented out and is in not great condition. I know the family renting and they are great but they not yet landlord are looking into power washing because the outside is so dirty! So there are not great landlords out there. I do wish that hedge funds and multiple property investors were taxed more or had some kind of stamp duty like how they have in the Uk upon purchase of the property but only for investors. People also need to remember it’s a gamble to rent in DC for a landlord, people can stay and not pay and not get evicted forever either! [/quote]
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