Industry Social Media and Updates

Rent Cuts Trigger Nationwide Landlord Sell‑offs

Investors are selling properties after months of cutting rent. And it's happening all over the U.S. The owner here is a Wall Streeet Landlord. They purchased for 195k in 2012 and have rented it out ever since. And rent has gone up significantly. But no longer. Rent cuts for 5 months in a row, taxes just went up 30%, so they're selling. Expect more this spring as downward pressure on rents sends landlords to the exits on their rental portfolios (not to mention the impending investor bans). Check out our 12-month price forecast for your ZIP code at https://t.co/50vYuH8G3u