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Real Estate
Reply to "what's the rental market in Adams Morgan like now?"
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[quote=Anonymous][quote=Anonymous]I actually see rentals moving now compared to May and June. Lower the rent and you should be fine. My landlord raised my rent another $200 this year on 1-bedroom. I moved and was able to keep the $2200 I had. Moving cost me, but since it's in the same building, it's not too bad. Lower the security deposit. Few people have $5k-$6k cash for SD and first month's rent.[/quote] I’m the poster who just had zero problem re-renting. Your landlord sounds like an idiot. Having said that, I disagree that there aren’t a lot of people who can come up with 5 or 6k for the security deposit and first month’s rent. Of course there are, and there are plenty. If your potential renter can’t do that, they are a risk to rent to, plain and simple.[/quote]
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