A year and a half ago, two houses on my street sold for WAY over the asking price. So my landlord declined to renew my lease that year. But, there’s apparently a huge tax burden in my county if you turn around and immediately sell a home that’s been used as a rental property, so it’s been sitting vacant and untouched all that time.
Last week I noticed they’ve replaced the roof, and my old neighbor says they’ve been hauling carpet out. I’m gonna laugh if they complete all these expensive renovations and then the market tanks on them.
