Landlords doing emergency Rent Cuts in Austin, TX
Landlords across Austin, TX are doing emergency rent cuts as they desperately try to get tenants to fill their properties.
Especially on a listing like this on the outskirts of Austin. The rent is down to $1,850/month for this house, less than what the rent was two years ago in 2021.
While these rents are declining, costs for landlords like property taxes and insurance continue to skyrocket. Pushing down the profit margins for owning real estate.
Will this Landlord in Austin, TX eventually feel compelled to seel if they can't find a tenant? We shall see.
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DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.
Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/
Additional stock footage provided by Envato Elements. https://elements.envato.com/
Видео Landlords doing emergency Rent Cuts in Austin, TX канала Reventure Consulting
Especially on a listing like this on the outskirts of Austin. The rent is down to $1,850/month for this house, less than what the rent was two years ago in 2021.
While these rents are declining, costs for landlords like property taxes and insurance continue to skyrocket. Pushing down the profit margins for owning real estate.
Will this Landlord in Austin, TX eventually feel compelled to seel if they can't find a tenant? We shall see.
---
REVENTURE APP: https://www.reventure.app
Access Exclusive Data and Videos as a Channel Member: https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join
DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.
Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/
Additional stock footage provided by Envato Elements. https://elements.envato.com/
Видео Landlords doing emergency Rent Cuts in Austin, TX канала Reventure Consulting
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