LLs creating drama (by BRAD 20,000 [IN]) Aug 9, 2017 10:34 PM|
LLs creating drama (by RentsDue [MA]) Aug 10, 2017 5:36 AM
LLs creating drama (by NE [PA]) Aug 10, 2017 6:01 AM
LLs creating drama (by John... [MI]) Aug 10, 2017 6:18 AM
LLs creating drama (by AllyM [NJ]) Aug 10, 2017 6:43 AM
LLs creating drama (by S i d [MO]) Aug 10, 2017 6:56 AM
LLs creating drama (by Emily [TX]) Aug 10, 2017 7:05 AM
LLs creating drama (by NE [PA]) Aug 10, 2017 7:08 AM
LLs creating drama (by Roy [AL]) Aug 10, 2017 7:34 AM
LLs creating drama (by Amy [MO]) Aug 10, 2017 8:17 AM
LLs creating drama (by Wilma [PA]) Aug 10, 2017 9:59 AM
LLs creating drama (by Vee [OH]) Aug 10, 2017 2:34 PM
LLs creating drama (by John2 [MI]) Aug 10, 2017 5:33 PM
LLs creating drama (by razorback_tim [AR]) Aug 10, 2017 6:01 PM
LLs creating drama (by BRAD 20,000 [IN]) Posted on: Aug 9, 2017 10:34 PM
Observation while helping local LLs:
Some LLs enjoy drama and even create their own with a passive aggressive approach to repairs or lean on their own flimsy excuses. Then they complain about the res.
How have you seen this?
LLs creating drama (by RentsDue [MA]) Posted on: Aug 10, 2017 5:36 AM
I may have just done this. I have new tenants that I should give the happy clause to, but they are young and I feel they are trainable. It is a beautiful home and rents quickly but I'm at the end of an extremely high vacancy and turn over period so I'm dealing with them even that they are bats**t crazy. --66.189.xx.xxx
LLs creating drama (by NE [PA]) Posted on: Aug 10, 2017 6:01 AM
Landlord's are a box of chocolates.
I feel bad for some tenant and who they have to rent from.
I made an offer on an 8 unit last night based on the numbers provided by the seller and how it mere my minimum cashflow.
Seller didn't like my offer, based on his numbers.
He bought his units as an "investment" to someday sell for a profit. He never looked to make money monthly.
That's his problem.
His low rents have hurt his properties value.
I could raise them, but I'm not guaranteed anything. Also, if I were to raise them to market, I'd lose half, if not all the tenants. That's how far under market they are.
I was kind of shocked when he said that he didn't think
someone investing in rentals should make money each month.
Oh well, on to the next one. --174.201.xx.xx
LLs creating drama (by John... [MI]) Posted on: Aug 10, 2017 6:18 AM
Brad: Definitely see it -- even right here in the forum. We just had a post within the last day or two where a LL here had received a drama-filled angry letter from their tenants with a bunch of very specific complaints. The LL here basically laughed at it and then gave a complaint-by-complaint response to why it wasn't really an issue.
What do LLs think that does to the tenant side of things? It just makes it worse. It ADDS DRAMA to the situation.
I'm all for training tenants to be better -- but laughing at them and telling them that all of their complaints are invalid is not the way to do it.
LLs creating drama (by AllyM [NJ]) Posted on: Aug 10, 2017 6:43 AM
Thank you for your review of my post. No drama being created except by the tenant who should have been sent Cease and Desist notices for the past seven years. But I got seven years of rent from a woman who is allergic to her own pet, by her own admission and then gets another one. She is a former city slumlord. Don't rent to any former landlords folks. They think they know everything. --73.33.xxx.xxx
LLs creating drama (by S i d [MO]) Posted on: Aug 10, 2017 6:56 AM
LLs creating drama (by Emily [TX]) Posted on: Aug 10, 2017 7:05 AM
Sure, I've seen this. I've probably been that LL on occasion. It's been a learning process over the past 20+ years. --155.201.xx.xxx
LLs creating drama (by NE [PA]) Posted on: Aug 10, 2017 7:08 AM
I guess thinking about, I have created "selective" drama.
Mainly when the tenants have become pita's, I'll switch into slumlord mode to hopefully persuade them to move. --174.201.xx.xx
LLs creating drama (by Roy [AL]) Posted on: Aug 10, 2017 7:34 AM
I think most amateur LL's are their own worse enemy. I see way too many of them trying to 'micro-manage' the lives of their tenants (no smoking, no drinking, no pets, no this, no that, etc. etc.) and only create anxiety and drama for themselves. --68.63.xxx.xxx
LLs creating drama (by Amy [MO]) Posted on: Aug 10, 2017 8:17 AM
I think the takeaway is recognizing when you are getting sucked down into the drama pit.
The worst tenant of our lives, we bent over backwards for, reduced rent for, and all she needed was the boot. Went on for months when we could've ended it much earlier.
I am afraid that I could imagine to see that drama again in another tenant and escalate any smaller matter much quicker than it should be--fearing a doppelganger of the old nasty tenant.
I don't want the tenants to run my life like I ALLOWED her to. But I'm not going to overstep normal boundaries and try to mother my tenants either with endless nagging. If I get a snippy comeback from a tenant then either I'm not doing my job correctly or they need to GO. You must examine this in yourself with each turnover- "what can I do differently?". How did I fail to toe the line?
So if you don't take care of matters and dont keep it business--DRAMA.
If you OVERSTEP on matters and make it too personal--DRAMA.
Landlording is an art. Some are going to love you and some are going to hate you. But in the end if you've done your job well, they might respect you. --107.77.xx.xx
LLs creating drama (by Wilma [PA]) Posted on: Aug 10, 2017 9:59 AM
Well put by Amy MO)! --71.175.xxx.xxx
LLs creating drama (by Vee [OH]) Posted on: Aug 10, 2017 2:34 PM
I see it occasionally as managers who say they will fix stuff when the tenant signs up, but when you show crummy places you will get crummy renters, dust piles left on the floor - blowing wrappers and rusty junk in the basement, these are instant tenant turnoff items. --76.188.xxx.xx
LLs creating drama (by John2 [MI]) Posted on: Aug 10, 2017 5:33 PM
Happens all the time.... I go to LL association mtg. And listen to their self inflected pain... sometimes LL treat tenant like their kids and try to mentor them into becoming productive tenants...sometimes LL don't realize they can't undo generations of programming. --24.231.xxx.xx
LLs creating drama (by razorback_tim [AR]) Posted on: Aug 10, 2017 6:01 PM
I generally pride myself on be being calm and cool and keeping my emotions out of things. When I feel tenant issues start pulling at me emotionally I take a step back and cool off. I usually post here about the situation to get input and opinions from others as well. Take a step back, collect yourself, and move forward without drama. --166.137.xxx.xxx