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Updated almost 15 years ago on . Most recent reply

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120
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29
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Ryan A.
  • Rental Property Investor
  • Lisbon, CT
29
Votes |
120
Posts

The need for slumlords

Ryan A.
  • Rental Property Investor
  • Lisbon, CT
Posted

Every ethical landlord has a method for selecting tenants that profits his business while operating fairly.

What percentage of potential tenants have you considered low-grade? Where do the low-grade tenants go when they are filtered out? Don't they need somebody with poor management and business practice to rent to them?

Now I know there are also good tenants that end up with some crappy landlords too but for the sake of discussion I'm wondering about that group of tenants that you turn away because they don't meet your requirements.

Its also possible that some tenants may perform better when they sign a good lease with a solid landlord, but thats not to say its always the landlords fault.

Thoughts?

Most Popular Reply

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1,491
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374
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Jim Wineinger
  • Real Estate Investor
  • ten mile, TN
374
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1,491
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Jim Wineinger
  • Real Estate Investor
  • ten mile, TN
Replied

Actually a slumlord is a landlord who refuses to take care of his apartment, but still expects the tenants to perform.

THERE IS NO NEED FOR ANY SLUMLORDS. These people give landlords a bad rap and why there exist some rules on the landlords that actually only serve to cost the tennant more money per month to comply with the regulations caused by those slumlords.

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