“The landlord can charge whatever he wants for rent. But when I comes time to do the books, the rental rate per month is determined by the money recieved in a year divided by 12.
As a landlord, raising the rental rate does not necessarily increase you income. It can reduce it.”
That’s very true but you know what, some landlords just don’t get that. The house just around the corner has had 5 different tenants in the last 2 years. The problem IMO is the rent is way too high. 3 bedroom, only 1 bathroom and a measly 1020 sq ft,plus there is no garage and yet they are asking 1595 a month. I live in a nice “pocket” neighborhood and I have real nice neighbors however it’s still City Heights.
I have been hunting for a house to rent and I’ve found that asking prices were pretty darn high. I feel extremely lucky to have found a nice big 3 bedroom 1380 sq ft house in Serra Mesa for 1700. The thought of paying 1700 a month for a small overpriced wreck was depressing me. I’m glad the house hunting is over. I sick of adorable, cute, charming and all the other cute adjectives people use for small, cramped and claustrophobic……………argh
