Wall Street Landlords are facing big pressure to sell houses in the 2023 housing market. That's because they're having difficulty finding renters for their properties like this one in Nashville.
It's been vacant for over one year and the Wall Street landlord keeps having to cut the rent.
They even tried to sell the property earlier this year and couldn't do it.
Watch for distressed selling from these Wall Street landlords in the second half of 2023 as the rents continue to drop while the cost of debt goes up.
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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/
It's been vacant for over one year and the Wall Street landlord keeps having to cut the rent.
They even tried to sell the property earlier this year and couldn't do it.
Watch for distressed selling from these Wall Street landlords in the second half of 2023 as the rents continue to drop while the cost of debt goes up.
---
REVENTURE APP: https://www.beta.reventure.app/dashboard
JOIN as a CHANNEL MEMBER ($5/Month): 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/
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