Are larger more expensive homes good rentals.
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
@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.