Originally posted by @Account Closed:
Maybe, landlords who write those types of things should not be warned about what they write so they do get sued. While I love the real estate business I am also 100% against landlords who mistreat their tenants in any way. Tenants rent properties because they don't want the hassle of running the property. They don't want to have to deal with maintenance issues and other things. What do many landlords do? They blame their tenants when drains clog in 100-year old drain pipes. They blame tenants for sewers clogging when the sewers are infested with tree roots. They blame tenants for rodents when there are holes in all the walls and screens where rodents get access to inside the home.
i find that a very high percent of landlords hate their tenants with a passion. My philosophy is; renting to tenants is a business, should be treated like a business where service is provided and if a landlord hates doing repairs and dealing with tenants then get out of the business.
Sorry, but they need to take the word 'lord' out of rental property ownership. i always tell my tenants I am the Property Owner or Building Owner. I always call my tenants Residents on all my leases and on every letter. I always tell my tenants to notify me when there is a plumbing or electrical problem and I tell them not to worry about being blamed because as the owner of the property it is my obligation to make sure that everything is functioning as is expected.
Treat your tenants with the respect they deserve and the way you like to be treated.
I don’t know, I kind of like the word lord and think it’s fitting. “Lord is an appellation for a person or deity who has authority, control, or power over others acting as a master, ruler or chief.” Is that so bad? I buy real estate to have control of my money. Lords can be good. I treat people with respect, I think I’m a good lord.
The barrier to real estate ownership is so low. I think so many “not lords” have a scarcity and I can’t mindset. In my area of the country you can buy properties outright under 10k, you can even secure one 5k or less. Sure you’ll have to work your butt off in the beginning, maybe you watch 100 YouTube videos and spend the better part of a year putting sweat equity into a property. Did anyone else see the work the guy put into the house in the movie The Notebook, he got the girl too.
These radical websites are doing a disservice to everyone, I can buy houses from money I find in my couch cushions and so can you. We live in one of the richest countries in the history of the world, and there is a ton of neglected real estate. That’s the message. This website has done an excellent job making that clear to people that want to learn that. Not saying you should buy cheap couch cushion properties, perhaps you can buy better asset classes, but until then you can address me as lord.