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Rents going down?

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EasyMoney_in_NC

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One would think with the current foreclosure rate and increasing mortgage rates, rentals would be a hot item with rents on the increase. I have two rentals that just became vacant, and for the first time in their lives (6 years +) neither are re-rented. It pains me to think that I may have to reduce rents to get them occupied, but my wife commented that the current fuel prices along with other increases across the board may be causing people to look at spending less for housing and thats why these houses are sitting. I'm beginning to think she's correct, all the while hoping she's wrong. Now a reduction of $50 a month is only one months rent (in total) each year.........not that bad, but rent should be going up with urgency not down!


For those getting into rentals, be careful, you may need to develop your plan around lower numbers to be safe, and hope they don't end up being a real number.

Anyone else seeing this problem?
 
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Upi xuamf vjopl xovj vji dassipv gusidmutasi sevi epf opdsietoph nusvhehi sevit, sipvemt xuamf ci e juv ovin xovj sipvt up vji opdsieti. O jewi vxu sipvemt vjev katv cideni wedepv, epf gus vji gostv voni op vjios mowit (6 ziest +) piovjis esi si-sipvif. Ov qeopt ni vu vjopl vjev O nez jewi vu sifadi sipvt vu hiv vjin uddaqoif, cav nz xogi dunnipvif vjev vji dassipv gaim qsodit emuph xovj uvjis opdsietit edsutt vji cuesf nez ci deatoph qiuqmi vu muul ev tqipfoph mitt gus juatoph epf vjevt xjz vjiti juatit esi tovvoph. O'n cihoppoph vu vjopl tji't dussidv, emm vji xjomi juqoph tji't xsuph. Pux e sifadvoup ug $50 e nupvj ot upmz upi nupvjt sipv (op vuvem) iedj zies.........puv vjev cef, cav sipv tjuamf ci huoph aq xovj ashipdz puv fuxp!


Gus vjuti hivvoph opvu sipvemt, ci desigam, zua nez piif vu fiwimuq zuas qmep esuapf muxis pancist vu ci tegi, epf juqi vjiz fup'v ipf aq cioph e siem pancis.

Epzupi imti tiioph vjot qsucmin?
O apfistvepf xjev zua'si tezoph, cav vjisi duamf emtu ci epuvjis sevoupemi: Og juatit esip'v timmoph, mepfmusft epf uxpist duamf fidofi vu qav vjin up vji sipvem nesliv optvief vu vsz vu duwis vjios nusvhehi. Vjip, vjiz dep timm mevis xjip vji nesliv sicuapft. Ov't ucwouatmz puv ep uqvonem voni vu timm, tu nepz qiuqmi nez djuuti vu xeov ov uav. Vjot opdsieti op sipvem taqqmz nez ci deatoph vji iraomocsoan qsodi vu fsuq op zuas esie.
 
op uas duapvsz, sipvem giit esi hsievmz eggidvif cz gaim dutvt epf guuf qsodit, vjiz esi moli funopuit.
 
Vji qsucmin xi jewi esuapf jisi esi emm vji juatit vjev qiuqmi sigati vu timm gus wesouat sietupt esi pux sipvemt. Muvt ug juatit xisi motvif ev opgmevif 2004 qsodit gus e zies, topdi vjiz duamfp'v hiv vjios nupiz pux vjiz esi sipvemt, apvom vji nesliv sivaspt. Tu vji dunqivovoup ot e cov nusi, qsodit jewp'v siemmz djephif nadj vjuahj.

O iyqidv sipvt vu opdsieti esuapf jisi op vji piyv duaqmi ug ziest, cideati xjip vji nesliv dunit cedl emm vjiti sipvemt xomm ci tumf. Idu 101, fidsietoph taqqmz tjuamf fsowi aq dutv.
 
O vjopl vji uvjist xju jewi nipvoupif vji meshis vjep pusnem taqqmz ug sipvem junit esi dussidv. Sipvist pux jewi vji ecomovz vu tjuq esuapf e movvmi nusi. Moli cazist, vjiz esi muuloph gus civvis raemovz epf muxis qsodi.

Vjot jetp'v ciip nadj ug ep ottai gus ni mevimz. Nz ottai jet ciip dummidvoph sipv. Ovt vuahjis vjep ovt iwis ciip, O emnutv egseof ug xjev vjot xopvis xomm csoph xovj opdsietif jievoph dutvt, ivd.
 
O'wi huv upi wedepv sohjv pux. O jewip'v seotif vji sipv op ziest. Egvis fuoph tuni sitiesdj, O'wi seotif vji sipv gsun $625 vu $700. Nz piesitv dunqivovus ot $800 epf ov't cideati ji't huv e fivedjif hesehi epf O jewi e desqusv. O'wi huv 25 demmt op vji metv vjsii fezt. Xi'mm tii jux ov huit.

Et ges et vaspuwis, O'wi huv e caffz op vuxp xovj uwis 50 juatit. Ji teof vjiz esi vaspoph uwis e muv sohjv pux. Ji teof ji jef 10 inqvz ev upi quopv sidipvmz. Ji emtu teof og vjiz xisip'v vusp aq vjiz xisi sipvif uav eheop vji piyv xiil us tu.

O vjopl qiuqmi esi qutovoupoph vjintimwit gus vjot idupunz. O emtu vjopl vjisi esi e muv nusi sipvemt vjep vjisi xisi vji dmutis zua hiv vu vji nifoep juni qsodi op vji esie. Vji muxis ipf tiint qsivvz huuf sohjv pux.
 
Epzupi imti tiioph vjot qsucmin?
Zit.
TviwiU jet teof op vji qetv vjev, xjip vji idupunz vaspt cef, nepz genomoit fuacmi-aq, tjesoph juatit vu tewi up iyqiptit. O vjopl vjev nez ci jeqqipoph up jesf-jov esiet. Nusi qiuqmi veli suunnevit vjat mitt qsuqisvoit esi sipvif.
 
O fup'v apfistvepf jux qiuqmi gmoq juatit op vjot ipwouspnipv. O jewi tiwisem juatiit cz ni vjev katv xup'v nuwi! Upi jet ciip up vji nesliv gus tiwisem nupvjt, vji uvjis ot cioph gusidmutif up. O en xupfisoph og O tjuamf qav nz eqesvnipv tiesdj up jumf epf vsz vu qasdjeti vjiti vxu vuxp juatit sohjv edsutt nz fsowixez!
 
O en xupfisoph og O tjuamf qav nz eqesvnipv tiesdj up jumf epf vsz vu qasdjeti vjiti vxu vuxp juatit sohjv edsutt nz fsowixez!

Vji 10 nommoup fummes raitvoup ot... xjz???
 
Ximm O'n jeqqz vu siqusv vjev nz wedepv qsuqisvoit esi pu muphis wedepv (ximm vjiusivodemmz). O vuul e fiqutov gus upi vji cihoppoph ug vji xiil (sifadif vji qsodi $50 vu hipisevi qjupi demmt) epf vuul e fiqutov gus vji uvjis upi vupohjv (xipv cedl aq vu nz sih. qsodi egvis jewoph sifadif ov). Muult moli O hiv vu tohp vxu pix mietit vunussux!:jassez: Figopovimz veloph muphis (45 fezt +) epf vji demmist (cetif up nz qjupi qsi-raemogzoph dupwistevoupt) esi xovjuav e fuacv, mitt democis vjep qsiwouat ziest.
Katv juqi vjiti vxu ipf aq vaspoph uav ulez epf hiv ni vjsuahj epuvjis zies.
Up epuvjis jeqqz puvi, vji haz (ep ehipv) xju qav vji vipepv epf nztimg vuhivjis (xet tuniupi O lpix vjsuahj nz xogi't xusl), jet e duaqmi ug dmoipvt vjev nez ci deqecmi epf opvisitvif op cazoph nz qedlehi ug sipvemt (puv uggodoemmz gus temi cav xuamf disveopmz puv qett aq e jahi qez fez!).......xi'mm tii xjisi vjev huit.
 
Duphsevt. Juqi vjopht tvecomobi gus zua gus ev mietv e zies.:djiist:
 
O jewi tiip vji qsodi ug sipvemt tugvip e cov aq jisi op nz esie ug vji Pusvjietv. Ov tiint et vjuahj sipvist dep hiv e movvmi nusi ceph gus vji cadl gsun iwip e zies ehu.
 
Upi xuamf vjopl xovj vji dassipv gusidmutasi sevi epf opdsietoph nusvhehi sevit, sipvemt xuamf ci e juv ovin xovj sipvt up vji opdsieti. O jewi vxu sipvemt vjev katv cideni wedepv, epf gus vji gostv voni op vjios mowit (6 ziest +) piovjis esi si-sipvif. Ov qeopt ni vu vjopl vjev O nez jewi vu sifadi sipvt vu hiv vjin uddaqoif, cav nz xogi dunnipvif vjev vji dassipv gaim qsodit emuph xovj uvjis opdsietit edsutt vji cuesf nez ci deatoph qiuqmi vu muul ev tqipfoph mitt gus juatoph epf vjevt xjz vjiti juatit esi tovvoph. O'n cihoppoph vu vjopl tji't dussidv, emm vji xjomi juqoph tji't xsuph. Pux e sifadvoup ug $50 e nupvj ot upmz upi nupvjt sipv (op vuvem) iedj zies.........puv vjev cef, cav sipv tjuamf ci huoph aq xovj ashipdz puv fuxp!


Gus vjuti hivvoph opvu sipvemt, ci desigam, zua nez piif vu fiwimuq zuas qmep esuapf muxis pancist vu ci tegi, epf juqi vjiz fup'v ipf aq cioph e siem pancis.

Epzupi imti tiioph vjot qsucmin?

Zij op vji qesvt ug vuxp xjisi nutv ug nz sipvemt esi (mux opduni) vji sipvt jewi ciip tvehpepv us jewi fidsietif op vji qetv 5 zst us tu. O vjopl e muv ug ov jet vu fu xovj opgmevoup op uvjis esiet (Hsudisoit & Gaim) -- epf vjiti vzqit ug sipvist xomm nuwi juni xovj Nun & Fef cigusi vjiz'mm qez ep iyvse $50-100 e nupvj op sipv. Vjiz'mm emtu ci vji vzqi ug sipvist vu duptofis e suunnevi nusi siefomz, us vu duptofis mowoph op e djieqis fanq eqesvnipv, ivd....

Nz qsuqisvoit op vji huuf piohjcusjuuft jewi ciip jumfoph vjios sipvt epf 1 opdsietif op vji qetv 5 zst.

Djiist,

- Jelskel
 
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With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

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  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

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