$2,000,000 HOUSE SITTING VACANT

Investors in cities like Los Angeles are sitting on vacant houses, like the one in this video. Which an investor bought for $1.5 million in 2021 and hasn't done anything with since.

This house sitting vacant is depriving local homebuyers in the market of homes for sale. With data available on Reventure App showing a 50% drop in inventory since pre pandemic levels.

However - there is some good news. These investors are likely to begin selling in the next year as their costs mount. This property has a $1.1 million mortgage from Goldman Sachs and costs $17k/year in taxes.

Eventually, these investors will be incentivized to sell.
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Видео $2,000,000 HOUSE SITTING VACANT канала Reventure Consulting