02/05/2020
Uncut Real Estate Experiences from renters/owners in the market
#1
🚨 STRONG CRACK ALERT 🚨 - went to inspect a rental apartment nearby, was chatting with agent about state of the market.. among other things, he said ~40% of landlords are dropping rents, ~40% are holding firm to pre COVID rents, and ***~20% ARE TRYING TO INCREASE RENT*** 🤷🏽♂️
#2
I own &decreased rent by $200 (44%) a week for 3 months.Agent was the party holding things up,just brought out forms for tenant even though he lost his job. I eventually drove to property and negotiated myself. Agent them charged comm on full rent. I sacked him this morn.
#3
Got an email two weeks ago saying i’m due a rent increase, little does he know he’ll be getting no rent very soon. Bigger, better and cheaper out there now.
Further reactions and comments in the below link
https://twitter.com/longhorncapital/status/1256412887964250113?s=19
“🚨 STRONG CRACK ALERT 🚨 - went to inspect a rental apartment nearby, was chatting with agent about state of the market.. among other things, he said ~40% of landlords are dropping rents, ~40% are holding firm to pre COVID rents, and ***~20% ARE TRYING TO INCREASE RENT*** 🤷🏽♂️”