Landlords Aren’t the Problem—This Is

[James Wise]

Landlords Aren’t the Problem—This Is

Everyone loves blaming landlords, but the real issue is simple—people not paying their rent. If you stop paying for your car, it gets repossessed. Stop paying your mortgage, the bank takes the house. But somehow when tenants don’t pay rent, landlords are painted as the bad guy for enforcing the lease. That mindset is exactly why more investors are leaving tenant-friendly markets like New York and California and moving into landlord-friendly markets like Cleveland, Ohio, Detroit, Michigan, and Memphis, Tennessee where the rules actually make sense. If you want to build real cash flow, you need to understand this reality and invest accordingly.

[Drew Sygit]

Quote from @Bryce Fairburn:

Sorry to say this, but I would not call Michigan a ‘landlord friendly’ state.

Michigan is in the middle, if not a bit more landlord-friendly than tenant-friendly.