4 things I wish I'd known before becoming a landlord - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Deutschland Nachrichten Nachrichten

Never pick a tenant based on a gut feeling

The plan was to fix it up and then flip it to an end buyer. But by the time I had it ready to go, we were deep into the recession of 2007-2008. All of a sudden, the credit and mortgage markets had tightened, and the people who were looking to buy houses in this price range could no longer qualify for mortgages. So I transitioned into becoming a landlord. I soon bought a second property, and when I moved into a new house I also rented out my former residence as a third rental.

Even if both of you enter the situation with the best of intentions, the fact is that you as the landlord and your tenant have different expectations and goals. So when an unexpected situation arises, it's quite natural for both of you to be looking out for your own best interests, and that's where damage to the relationship can occur.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 729. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen