What do you drive to your rental properties?
I drive a very old sedan. Most of my tenants drive nicer cars than I do. Now that I am considering purchasing a new(er) car that probably will be nicer than theirs, I am wondering whether to keep the old one to commute to rental properties or sell it. I heard and it makes sense that it's better to avoid driving a flashy car to rental properties, otherwise tenants may feel they are the ones who are paying for landlord's fancy car, therefore feeling less obligated to pay rent on time etc. It's better to appear broke! So my question to my fellow landlords, what do you think should be done here? If you drive a nice car, do you maintain another not-so-nice one for rental properties? I would love to hear your take on this. Thanks.