Tonight I’ll drive by and get the address of this one property behind my house that has been for rent for almost two years. I know it sounds like I’m making it up, but I’m not. We called the number awhile back and they wanted around $3k for it. It’s just been sitting there unrented. Can the owner write off the loss? Why not lower the rent and at least pay the property taxes? Do they live in the Maldives and money is simply no object? Who knows?? I’ll see if anyone wants to find out the info on this property. It’s an urban legend with the neighbors around here; we just don’t get it.
Another house a couple of doors down has been for rent for about 4 maybe 5 months on Glenwood Dr. 92103 asking about $2600.
My guess…the economy. Why rent for that much when you don’t have to. I don’t know- I’m not Rich, an economist, a sociologist or a realtor.
