The DC Rental Market is CRAZY!!!

I rented two units in two weeks. As I had increased the rent from $1395 to $1475 for the first one not long ago, so I increased $25. The lease was singed within a week after I listed it.

I increased the rent for the second one from $1200 to $1300. So many people were interested and I had people lined up for viewing it. The third viewer decided to have it and I had to decline three more applicants. This unit was rented for $1130 at the end of 2005.

It is only the beginning of March which usually is not a good time to rent anything out yet. I don't know what will the market be in April and May.

Isn't it good to be a landlord?

所有跟帖： 

• The rent will increase while the price decreases -cultuslake- ♂ (308 bytes) () 03/07/2007 postreply 11:00:57

• Rent and mortgage may close the gap -miat42- ♂ (366 bytes) () 03/07/2007 postreply 11:38:22

• 租金回升,房价高和租金低相持不下时间够长了,... -shn888- ♂ (63 bytes) () 03/07/2007 postreply 12:20:26