3 ms·
The biggest hassle is maintenance and turnover. I've never had a shitty tenant in over 10 years of operation b/c I do a good job screening. It'd be much better
by deelowe 7y ago
The biggest hassle is maintenance and turnover. I've never had a shitty tenant in over 10 years of operation b/c I do a good job screening.
It'd be much better if I could lock in a tenant and simply raise the rent each each, but where I live housing is plentiful and if I did that, they'd move.
- imtringued 7y agoAre you implying that rent control will eliminate competing landlords and therefore increase the profit of your existing investments?
- deelowe 7y agoNo I'm implying that it allows landlords to collude on pricing without needing to actually meet and discuss it. I can't predict the future of the market so my safe bet is to raise rent each year, because in the event that I desperately need to at some point in the future, I won't be able to.