Atlanta is the top city nationwide for Investor-Owned single-family rental properties. 72,000 properties and counting! Why? Because it’s a great investment! See the last article for more.
Squatter’s insurance. Not sure if this is a money grab related to recent headlines or a really valuable service but owners can get squatters’ insurance – read this article:
Squatting, or stealing of homes, has gotten so bad that now there is squatter insurance, as reported in Newsweek:
This is directed towards short-term rental operators, like Airbnb owners, and provides insurance up to $10,000 for an annual fee of $100. The fact that a new insurance policy type is being developed and launched tells you that the industry expects this problem to continue and grow, not go away anytime soon. Or they may just be capitalizing on the news and hoping to have a new insurance income source.
Speaking of Airbnb, now we have drug dealers using Airbnb to be more “efficient and productive” as police in Alhambra announce an arrest and seizure of 200 pounds of meth in an Airbnb.
