Your Money Minute Accidental Landlords 8/8/25
Aug 8, 2025
Discover the intriguing phenomenon of accidental landlords as homeowners pivot to renting in tough market conditions. Explore the implications of this trend for renters, uncover the hidden costs associated with renting properties, and delve into practical examples that illustrate the challenges faced by these landlords. This engaging discussion provides valuable insights into the evolving landscape of property rental and homeownership.
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Sellers Turning Into Landlords
- Would-be sellers are turning into "accidental landlords" instead of cutting prices.
- The shift reflects sellers' reluctance to lower asking prices amid slow buy-side demand.
Dallas Home Owner Turned Landlord
- Garrett Johnson bought in Dallas then got transferred to Houston and couldn't sell for his price.
- He rented the house immediately and plans to hold until the market recovers.
Beware Rental Add-On Fees
- Ask landlords about pet, utility, insurance, and smart-home fees before signing.
- Diana Olick lists many extra charges rental home companies may add to monthly rent.