Some of the biggest law breakers and abusive landlords are independent landlords. They’re also the ones who don’t seem to realize that being a landlord is a full time job where you are the handy man, maintenance, property manager, etc. It’s not just collecting a cheque every month, you actually have to earn it.
Not really. I don’t have to fix things on a monthly basis at my own house. When my parents rented the landlord would have to do something maybe twice a year.
Yeah managing and up keeping properties. Dealing with taxes, zoning, and potentially HOA. Mitigating liabilities and complaints. Landlord is absolutely a job.
I’ve known a couple people who have inherited property that already had tenants and were excited for the extra income. I think both of them sold the property within 3 years because it was a nightmare to manage.
I’m not op, and the thing is that 99% of independent landlords don’t do shit. I was a model tenant at my last place and I’m a handy man by trade so I would actually do every minor repair in my apartment, I would keep that place tip top and never bothered the landlord. He still thought I was a shit tenant and kicked me out as soon as he could because he wanted to charge more for the place.
Some of the biggest law breakers and abusive landlords are independent landlords. They’re also the ones who don’t seem to realize that being a landlord is a full time job where you are the handy man, maintenance, property manager, etc. It’s not just collecting a cheque every month, you actually have to earn it.
Not really. I don’t have to fix things on a monthly basis at my own house. When my parents rented the landlord would have to do something maybe twice a year.
But OP just said it’s not a job in the meme. Which is it?
Yeah managing and up keeping properties. Dealing with taxes, zoning, and potentially HOA. Mitigating liabilities and complaints. Landlord is absolutely a job.
I’ve known a couple people who have inherited property that already had tenants and were excited for the extra income. I think both of them sold the property within 3 years because it was a nightmare to manage.
I’m not op, and the thing is that 99% of independent landlords don’t do shit. I was a model tenant at my last place and I’m a handy man by trade so I would actually do every minor repair in my apartment, I would keep that place tip top and never bothered the landlord. He still thought I was a shit tenant and kicked me out as soon as he could because he wanted to charge more for the place.