Rental vacant for two months
So, we have a single-family rental house which is vacant after I had to evict a couple of real idiot tenants.
There is quite a severe glut of properties (especially single-family homes) for rent in the area. I have tried advertising in the lame local paper and in the cool free local paper but seem to get very little response. I have also placed a rental listing in the local Multiple Listing Service (MLS).
The reason for the abundance of rental properties in the area is the fact that when the national real-estate market was booming, many investors bought pre-construction homes hoping to sell them for a profit after they were built. Well, now typically they can’t sell them for what they paid. As a result, a whole bunch of them are for rent.
I honestly feel for these new landlords because when the tenants who moved in either trash the house or at best leave it a big mess, they will have to put in even more money to make it salable again.
In fact, one of the idiot tenants who moved out of our rental which is now vacant, moved in to one of these places. I never so much as got a call from the new landlord to check references which usually means they were desperate to get tenants in there.
