3 ms·
I have observed that many small landlords are speculating on a longer term payoff of the property greatly increasing in value, are not present but planning on m
by dnissley 4y ago
I have observed that many small landlords are speculating on a longer term payoff of the property greatly increasing in value, are not present but planning on moving back in at some point, or own outright and have out of date ideas about market rent. All of these lead to situations where they may take losses of varying sizes in the near to medium term. Combine one of these landlords with someone who is not planning on sticking around long term and you've got a match made in heaven.