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Reply to "I was so close and now I’m shut out"
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[quote=Anonymous]It does not have to be a great place to start. I have a 1,200 square foot older garden apt condo I rented to a newlywed couple in Sept 2018. They were making $120k with zero debts and showed me bank info. My complex units were $320k to $340k at time. At lease renewal in Sept 2019 the young wife chatted to wife briefly about rent. We were keeping it the same. She said great they want to save to buy a place. My wife mention my husband told me the unit next door will be listed in next few weeks as an estate sale if you want to stay on complex. The women kinda got snotty and said we are getting house and rambled off two neighborhoods where homes were 800k to 950k. Well they are still renting. Homes in that rich area are now 1.1-1.3 million and my condo units are $400k to $550k. By end of this lease year five they will have paid $135,000 in rent, married 5 years and by then will have a 2.5 year old kid. They were too good a condo or starter home in second tier neighbor hood in 2018. [/quote]
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