Dan Fuller: Rental companies ‘vultures’

Published: March 2, 2013 

Rental vultures’

I applaud the Feb. 24 article “Wake home-buying spree” on the California billionaire who, with his American Homes 4 Rent company, is buying up homes around Wake County for rentals.

I once lived in a nice subdivision where this occurred. Property values started to decrease because of renters not maintaining the homes and following any covenants and restrictions. Try to sue a company 3,000 miles away! Homeowners may save for years to purchase a home in a nice neighborhood to raise a family. Having these vultures come in can and will kill the American dream!

Homebuyers looking to purchase a home for their families need to research the purchases in that neighborhood by this company before buying. Maybe a paid advertisement in this paper each month listing purchases and locations would be in order! Have we not learned anything these last few years!

Dan Fuller, Youngsville

Order Reprint Back to Top

Top Jobs

View All Top Jobs

Find a Home

$829,900 Raleigh
4 bed, 3 full bath, 1 half bath. Old Southern elegance meets...

Find a Car

Search New Cars
Ads by Yahoo!