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?

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.

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.

- John...

I guess thinking about, I have created "selective" drama.

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.