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Originally Posted by photon
Just keep in mind that you can't ask ethnicity nor deny a tenant on the basis of ethnicity, that can land you in a heap of trouble.
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My rule of thumb is this: if you stink when you come to look at the house, I will find a reason not to rent it to you. I don't care what colour you are.
Quote:
Originally Posted by photon
If I deny a tenant I never tell them why, I just say "we decided to go with a different application sorry".
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The worst is having to tell single moms that you aren't renting to them and then they start crying. Sorry, lady. You put $0 in the income column. What am I supposed to do here?
Quote:
Originally Posted by photon
Most of the time it's not that bad, but there are professional tenants out there who know the system and know how to work it, and getting the wrong tenant in can take YEARS to get them out.
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This is so frustratingly true, that I refuse to manage properties anymore. There are people out there that can sweet talk their way into your property, and then go Jekyll and Hyde and become the worst tenant ever.
I have stories. Many of them. And pictures! Oh Vernon, maybe I should post a couple of pictures.
Quote:
Originally Posted by photon
And by the same token there's so many crap landlords out there, please don't become another one. Do your homework, make sure you know the laws, know where your supposed to put the security deposit, know when the tenant can and should withold rent, all that stuff.
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Yeah, don't be a d-bag. Be happy with post dated cheques and minimal phone calls. Don't drive by and tell them to mow the lawn because it has reached 2". Live and let live, but make sure your investment is being taken care of appropriately.