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Updated almost 17 years ago,
Are there less tenants out there? Or is it my imagination.
Is it my imagination or are there less tenants than there used to be. I was wondering if others where experiencing the same thing. I bought my first rental house in 1992 and it was so easy to rent that all I had to do was put a ad in the paper with a open house time and I would have twenty people come to the house. And they came there on time! Most of the time I did not even need a ad because when prepared the house for rent by painting etc... I would have many people stop by and ask if I was renting. Now the same house takes longer to rent and it is even in better condition than it was then. Now a ad might generate a couple of calls and one or two people looking at the property. That house is not the only one that is harder to rent, all my properties are generally harder to rent. It might be that it is easier to buy a home and less people are renting or something. That is just a theory I thought about