Quote:
Originally Posted by Sunshine101
Apparently the owner has many units within the vicinity so I guess he cant use the 'excuse' that he or his family would like to move in. I guess this is the way he tries to get around the system. The agent says that it is highly unlikely that he would ask me to vacate since he does not have any cashflow problems, ..... I guess I'll need to take this with a piece of salt!.
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Its precisely because he has no cashflow problems that he'll more than likely evict you after a year. If he's got other guaranteed sources of income, why let you stay on and pay the same rent, when he can ask you to vacate and negotaite a huge increase for a greater profit.
At least that's what i'd do if i was the landlord...
