The Rise of the Reluctant Landlords

The Rise of the Reluctant Landlords

Investor · Fort Lauderdale, FL · Member since 2013 · 938 posts · 622 votes

https://www.zillow.com/research/accidental-landlords-36151/

The above link to an interesting article about the phenomenon of the reluctant landlord.  That is, sellers who haven't been able to sell and who are now swapping that For Sale sign to a For Rent sign.
If you're a new investor trying to find motivated sellers and buying opportunities, these homeowners are among those you need to be targeting with your marketing.

1Reply
168 views

3 Replies

Jump to latestLatest
  • Real Estate Agent · Philadelphia · Member since 2021 · 23 posts · 6 votes
    8mo

    Thanks for sharing! Could be an interesting lead source. 

  • Investor · Fort Lauderdale, FL · Member since 2013 · 938 posts · 622 votes
    8mo

    Hi, Connor.  Indeed.  Much motivation for a seller who hasn't been able to sell and who is making payments on an unwanted property, or worse, a vacant property.
    We have been targeting these homeowners for the past year with good success.

  • V.G JasonPro Member
    Investor · Member since 2022 · 3k+ posts · 3k+ votes
    8mo

    Most of these folks are underwater on their houses. They bought into the date the rate, marry the house and they cannot afford to divorce.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.