Landlording & Rental Properties

Avoiding Landlord Stereotypes

Expertise:
11 Articles Written
Simon Lagree Had it All Wrong Without doubt, being a landlord requires a certain mindset. Before actually owning rent houses, I was certain I didn’t want to participate based on our first experience as tenants. Right after the wedding, the mister and I moved into a lovely little duplex on the edge of town. We [...] View the full article: Avoiding Landlord Stereotypes on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.

Want more articles like this?

Create an account today to get BiggerPocket's best blog articles delivered to your inbox

Sign up for free
    Rehab702
    Replied almost 12 years ago
    Sounds like you had a “crappy” experience with that first place you rented! Seriously though, you are so right about being a landlord. One thing that I found out about myself was that I was too much of a “nice guy”. I quickly found out that you can’t be that way. Now I use a property manager for all of my rentals and there are strict rules that need to be followed. Much better results!
    Joshua Dorkin
    Replied almost 12 years ago
    The Nice Guy route definitely doesn’t work. I’ve certainly learned that through my own workings. Like everything else in this world – the few bad apples just ruin it for everyone else.
    allie
    Replied almost 12 years ago
    I always liked Mr Roper and Stanley. No but really not all landlords are bad. In fact, most are low profile and want to avoid their tenants.
    Steven Boorstein
    Replied almost 12 years ago
    It funny, my first thought of a landlord was that of Mr. Roper, too. Some “seedy” character who carries a plunger attached to his belt. That’s one reason it took me five years from thinking about being a landlord to actually buying a property and doing it. Your rules are great and well founded. I tend to be a little softer on tenants than some landlords. Sometime it creates problems and sometimes I think it actually leads to better tenants. (Any rules you institute can’t go against your basic nature… otherwise it won’t be enjoyable and will actually be stressful to you.) Thanks for the reality check. Steve Boorstein Landlord Business Insider
    thewild1
    Replied almost 12 years ago
    great advice and the back-up must of been a horrible time. great site by the way
    Connie Brzowski
    Replied almost 12 years ago
    Mr. Roper! I forgot all about him. He was the best 🙂
    Joshua Dorkin
    Replied almost 12 years ago
    Come and knock on my door . . . . Good times!
    Sugarloaf Real Estate
    Replied almost 12 years ago
    Great advice, if only people would actually implement them.
    Invoice Factoring
    Replied almost 12 years ago
    Yeah thats the thing, putting it into practice is the most difficult part. Especially when it comes to people its so hard to maintain the “rules” while still maintaining your humanity. It seems like unforseen circumstances and pity always lead to rule breaking.
    tony
    Replied almost 12 years ago
    why would i want to be friends with my tenants anyway? I have actual friends already. Doesn’t mean i can’t be compassionate. But its a lot like having kids. When it comes down to the bottom line, its better for them and you to be their parent than their friend.