Monrovia, CA · Member since 2025 · 98 posts · 37 votes
I’ve managed properties before, but I’m exploring becoming more of a “bank” than a “landlord.” Would love to hear from anyone who’s made that shift — what challenges or surprises did you face?
I've seen your questions and always happy to help @Barbara Johannsen, Moving from landlord to lender changes everything from liability to lifestyle. The biggest surprises most people mention are how much due diligence still matters and how different managing paper risk is from managing property risk. Solid underwriting and borrower vetting become your new “property management.”