You read endless horror stories
about nightmare tenants and just how time consuming and expensive managing rental properties can be.
You read endless horror stories
about nightmare tenants and just how time consuming and expensive managing rental properties can be.
Not exact matches
When I got started, most of the people I talked to
about apartments immediately told me that owning multi-family buildings is a
nightmare and that I would have difficulties with
tenants at midnight when the plumbing sprang a leak.
This is actually partly due to the
nightmare stories landlords have heard (or read
about) dealing with
tenant who will pay for the first month of rent, then refuse to pay rent for the rest of the time they are legally allowed to be in that apartment.
Besides the regular
tenant nightmare issues like
tenants letting the pipes freeze due to services being disconnected for non-payment, property damages, ongoing calls
about plumbing issues, and the list goes on and on and on... there are other reasons (when dealing with Section 8
tenants) that would not make it cost - effective to be an absentee landlord that doesn't bother with their
tenants.
Just like landlords fear renting to
nightmare tenants,
tenants are oftentimes worried
about renting from a landlord who is tough to work with.