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Updated almost 9 years ago on . Most recent reply

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Julie Rogers
  • North Lauderdale, FL
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25
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Are larger more expensive homes good rentals.

Julie Rogers
  • North Lauderdale, FL
Posted

Are larger, more expensive homes hard to rent.

I am concerned that anyone that would rent such a nice place could afford to purchase their own nice home, so finding a renter that would stay for a while, might be difficult. 

Any advice would be appreciated.

Most Popular Reply

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Curtis Bidwell
  • Rental Property Investor
  • Olympia, WA
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Curtis Bidwell
  • Rental Property Investor
  • Olympia, WA
Replied

@Julie Rogers There is a market at every income level for various reasons.  I have a very nice 4 bd + office 2600sf that I rent for $2500/mo. There was so little on the market for that quality of home that I rented it the first weekend I advertised (in February!)

I have an article about the Law & Order actor Christopher Meloni who was paying $20k/month rent for his Beverly Hills rental! 

It's not just those who can't afford to own who rent, but those who choose to rent for other reasons.

  • Curtis Bidwell
  • Podcast Guest on Show #95
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