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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: GraceZ who wrote (42652)10/5/2005 2:37:15 PM
From: John VosillaRead Replies (1) | Respond to of 306849
 
"You can guarantee that if they live like pigs in their current place they will turn your place into a dump as well."

My experience is most leave the place a mess and tenant turnover and vacancy loss expenses are almost always going to be significant. Carpet is always a drag either needs to be replaced constantly or the place when empty shows like crap. The trick is to minimize turnover and also to put tile throughout the next moveout. Do you think 2-3 bedroom townhouses or 3-4 bedroom homes at modest price points is the more likely property type to attract stable longer term tenants?



To: GraceZ who wrote (42652)10/6/2005 2:22:38 AM
From: Live2SailRead Replies (1) | Respond to of 306849
 
Grace,

You need to tell gpowell that.

L2S