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Updated over 1 year ago on . Most recent reply
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Landlord Friendly Locations
Im looking into purchasing properties in Indiana (East Chicago, Hammond), Vegas, and or New Orleans. Are either of these considered landlord UNFRIENDLY locations like it is here in Chicago, Illinois?
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I would somewhat agree about Massachusetts being one of those states that is not landlord friendly. Generally speaking, the laws here are set up to favor the tenants. The mentality is that a landlord is a business person with lots of money and knowledge and the tenant is a poor idiot that knows nothing and can do no wrong. You really just need to know the laws and be a good landlord. As a matter of practice if I'm going to court I don't wear nice clothes. I don't get upset or talk bad about the tenant, I ask a lot of questions of the judge, and I appear as a generally nice guy that just wants to be able to pay his mortgage and feed his family. I've never had a case get continued beyond the summary process stage or appealed and I've never had a counter-claim filed against me. I'm sure the system is similar elsewhere. Some better, some worse.