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SVTPerformance's Chain of Restaurants
Road Side Pub
Interested in hearing from people who rent out property
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<blockquote data-quote="Mojo88" data-source="post: 16204341" data-attributes="member: 184279"><p>Been a landlord for ~40 years. Some properties just seem to be headache, while others work out good. I got a super deal on a small mixed use commercial/residential property about 25 years ago.. still own it, all paid off - which is the big key. Once you pay it off is when you start making decent money.</p><p></p><p>I used to get real angry at tenants when rent is late, but then changed my attitude. Now I simply tell them I love them (and I do, usually), but have too many bills to pay. They can either pay or move, their choice, no hard feelings, but one of those has to happen. And I am now collecting rent much easier with this approach, plus I won't give myself a frakkin' heart attack!</p><p></p><p>Time to buy more dividend stocks....................<img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p></blockquote><p></p>
[QUOTE="Mojo88, post: 16204341, member: 184279"] Been a landlord for ~40 years. Some properties just seem to be headache, while others work out good. I got a super deal on a small mixed use commercial/residential property about 25 years ago.. still own it, all paid off - which is the big key. Once you pay it off is when you start making decent money. I used to get real angry at tenants when rent is late, but then changed my attitude. Now I simply tell them I love them (and I do, usually), but have too many bills to pay. They can either pay or move, their choice, no hard feelings, but one of those has to happen. And I am now collecting rent much easier with this approach, plus I won't give myself a frakkin' heart attack! Time to buy more dividend stocks....................:) [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Interested in hearing from people who rent out property
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