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Updated over 13 years ago on . Most recent reply

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1,493
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268
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George P.
  • Real Estate Investor
  • Baltimore, MD
268
Votes |
1,493
Posts

Slippery slope to slamlording ?

George P.
  • Real Estate Investor
  • Baltimore, MD
Posted

Came across this ad while looking for rent comps: http://baltimore.craigslist.org/apa/2588121845.html

Renting a place to the first starnger, then evicting, not wanting to clean/fix/paint/replace carpet; Then renting the dump and then evicting, not fixing/cleaning/paintin; Renting as-is, evicting...... And that, ladies and gentlemen, is how the slamlord is born.

Copy of ad in case it expires:
"Two houses, 3XXX Tartarian Ct., 8XXXX Seckel Ct, 21227
Call before 9:30am or after 5pm for appointment to view houses. I will be showing the houses Saturday Sept 24th, please call for time.
South West Baltimore County, lovely neighborhood. Minutes from beltway, parks, bus line, downtown, and shopping centers.
Walking distance to County schools. Gas heat, City water. Enjoy the county life close to everything.
Both houses had evictions. Houses need light clean up, some minor dry wall repair, and paint. $ $ $ off security deposit if you do minor clean up-repairs ! !
3XXX Tartarian, Needs MAJOR clean up, carpet, paint. Security Deposit and first months rent only $1,200 if new tenant agrees to do repairs to property BEFORE moving in.
Just show up with PAY STUBS, and Security Deposit.
$2350 or higher, Gross monthly income (Before taxes and deductions) required !
Pets are extra $ $ $
Keep this phone no. more houses soon ! Don "

Most Popular Reply

User Stats

685
Posts
335
Votes
Ed O.
  • Investor
  • Statewide, MO
335
Votes |
685
Posts
Ed O.
  • Investor
  • Statewide, MO
Replied

It's amazing how many landlords do foolish things like this. Save $300 in repairs and forfeit a ton of money in lost rent, accepting less desirable tenants, longer vacancies, etc. If there's a note on those places, I'd bet he folds soon.
We all know that tenants use the highest quality labor, materials, and techniques when fixing our properties...hahhahahhahahhahahahah

  • Ed O.
  • Loading replies...