Rental Properties... commune living? As of late, I've been working more with rental properties and finding people rents in the Middlesex County of CT, than with the listing of homes or the working with buyers.
A few weeks back, I received a call from a prospective renter. During the conversation I was told that they were looking for a 3 bedroom rental, and that 6 people would be renting this property.
Since then I have received at least 4 more calls with people looking at the same scenario. The most recent was a husband and wife looking for a 3 or 4 bedroom rental. This would be for them, their two children and her brother and girlfriend.
Another call came in where the renters would be a single mom, her two children and her parents.
These are tough times we are in, as we are all aware of. With short sales and foreclosed properties, and with people loosing their homes, they need some place to live.
When you have 6 people going in on a home rental for $2,500, it is less expensive than a single person looking at a rent at $900.00.
At present I have 2 bedroom townhouses, 3 bedroom townhouses, a home, and a few rentals in multi-family homes, in the Cromwell, CT and Middletown CT areas. With how things are going, I'm not sure they will last long.
Is this a sign of times to come, were people are now joining up to live together? With all the technology and progress with have... are we reverting backwards to commune living?
Valerie Osterhoudt, ABR
(Accredited Buyers Representative)
Is a Full Time Realtor® with with Johnson Real Estate, in Cromwell, CT who specializes in Homes and Condos For Sale in the Middlesex and Hartford Counties in CT.
Valerie Osterhoudt, ABR ~Johnson Real Estate, Inc.
email: Valerie Osterhoudt, ABR