3 ms·
Yeah, I was struck by how both examples in the article were property owners living out of state who never even met their tenants? One of them thought she was re
by waisbrot 9y ago
Yeah, I was struck by how both examples in the article were property owners living out of state who never even met their tenants? One of them thought she was renting to a family with two kids, but it was actually some scammers. Meeting your renters in-person once would have cleared that up.
These people are buying a property, renting it to cover the mortgage, and planning to sell it at a profit. All without doing any work. Treating real estate as a passive investment rather than an active business does damage to the housing market in some of the same ways people complain AirBnB does.