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Updated over 11 years ago on . Most recent reply

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Al Williamson
  • Rental Property Investor
  • Sacramento, CA
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Do Landlords Have Neighborhood Obligations

Al Williamson
  • Rental Property Investor
  • Sacramento, CA
Posted

Are landlords obligated to contribute to the community surrounding their rentals? If so, do you think landlords in a well-to-do community have less community obligations than owners in low income neighborhoods?

I think we're obligated and high-end landlords have way less community obligations. What do you think?

Most Popular Reply

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Al Williamson
  • Rental Property Investor
  • Sacramento, CA
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Al Williamson
  • Rental Property Investor
  • Sacramento, CA
Replied

@Brian Levredge thanks for weighing in. You've caught what I was getting at. Tenants often don't care and the neighborhood will decline unless owners step up. "Contribute to the community" is my quick phrase to mean raise to the occasion. If the neighborhood association/watch need some funds for their event, then contribute financially. If there's a drug dealer across the street, it means to get all the neighboring owners phone numbers and apply collective pressure. If there's litter everywhere all the time, it means leading by example and getting others not to tolerate - but pick up litter.

There are case study after case study showing that once owners start to care others start to care. I know I'm an activist landlord - I believe that passive landlords should stay in well-to-do neighborhoods. Low income neighborhoods desperately need landlords/managers to be leaders.
As I step off my soap box (sorry for getting so worked up), let me add that being an activist landlord in low income neighborhoods is the most profitable position to operate from.

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