What do you like about being a landlord?
5 Replies
JD Martin
(Moderator) -
Rental Property Investor from Northeast, TN
posted 8 months ago
This discussion thread occurred to me this morning, as I'm curious to see what other people have to say.
For me, I realized today that one of the things I like about being a landlord is not having to put up with any BS any longer than I want to. Case in point: when I have difficult tenants, and their lease is up, I can send them packing. It's the landlord's equivalent of "You're fired". I enjoy the fact that I can fire difficult tenants and re-hire nicer tenants, all at my heart's choosing, and I can say "You know what? I'd rather let this place go vacant for a month than to put up with one more month of your crap".
So, what do you like about being a landlord?
John Underwood
Investor from Greer, South Carolina
replied 8 months ago
@JD Martin I also like being in charge to do as I see fit as you mentioned. I really like the near passive cash flow and financial security they provide.
Marcia Maynard
Investor from Vancouver, Washington
replied 8 months ago
The ability to make a positive difference in my community by striving to provide clean, safe, affordable, comfortable and quiet housing for responsible renters.
There is a severe housing crisis in many parts of the country. We can be part of the solution!
Patrick M.
Rental Property Investor from Red Bank, NJ
replied 8 months ago
I have a mix of things. I really enjoy repositioning a unit and being rewarded for it.
But really I would say I love how it has filled me with such gratitude. I pinch myself on a regular basis :)
Morgan Klein
Rental Property Investor from Jefferson, GA
replied 8 months ago
The thought of passing my properties down to my kids so they have a steady stream of rental income as they’re getting started in their careers and family lives. I have about 100 other reasons, but I always come back to that one.
Caleb Heimsoth
Rental Property Investor from Cary, NC
replied 8 months ago
By far the best part of being a landlord is collecting rent. Everything beyond that and providing clean safe housing is just making something philosophical that shouldn’t be.
Create Lasting Wealth Through Real Estate
Join the millions of people achieving financial freedom through the power of real estate investing