Site Navigation

Investor Information
 Home
 Monthly Update
 Real Estate Articles
 Real Estate Videos
 Real Estate Success Stories
 Real Estate Blog
 Free Investing Books, Audios
 Real Estate Books
 Investing Glossary
 Investing Abbreviations

Real Estate Products
 No Risk Guarantee
 Best Sellers
 All Investing Products
 Real Estate Courses
 Real Estate Audios
 Real Estate Ebooks
 Real Estate Books
 Real Estate Seminars
 Real Estate Games
 Special Offers

Investor Resources
 Hard Money Lenders
 Real Estate Agents
 Handyman Services
 Real Estate Clubs
 Cashflow 101 Clubs
 Business Tools
 Tax Appraisal Districts
 State Property Codes
 State Foreclosure Laws
 Proof of Funds Letter

Discussion Forums
 Networking Forum
 Beginners, Carlton Sheets
 Bird Dogs, Wholesaling
 Foreclosures, Short Sales
 Sub2, Lease Options
 Rehabbing, Landlording
 Financing, Hard Money
 Asset Protection, Legal
 Commercial, Mobile Homes
 Real Estate Marketing
 Random Ramblings

Site Information
 About Us
 Advertise on REIClub
 Contact REIClub
 Link to REIClub
 REIClub Facebook
 REIClub Twitter
 REIClub YouTube
 REIClub Testimonials



Learn Wholesaling
CD's Plus Transcripts
Click Here Now!

--------------------------
REO Experts
Reveal Their Secrets
Click Here Now!


Welcome, Guest. Please login or register.
Did you miss your activation email?
May 25, 2012, 11:48:43 PM

Home Help Search Calendar Login Register
Free Monthly Update
Name:
Email:
Click Here to Register for the Discussion Forums
Real Estate Investing Forums  |  Real Estate Investing  |  Random Ramblings (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: How to be a **** Landlord...funny list I came across... « previous next »
Pages: [1]
Print
Author Topic: How to be a **** Landlord...funny list I came across...  (Read 985 times)
rookieNYC
Member
****
Offline Offline

Posts: 991



« on: October 03, 2010, 04:52:23 PM »

To Be A **** Landlord
15 Jun 2009
1. Be a treehugger, don’t use a Tenancy Agreement, or any other paper-consuming document.

2. There’s no room for empathy- you don’t want to hear excuses. You’re running a business, not a charity shop.

If you’re a s***-f** and ignored point #1, then redeem yourself by putting the following into your tenancy agreement:

1.1: I don’t want to hear excuses. You will not give me any. Ever.
1.2: I am running a business, not a charity shop.

3. Reserve your precious energy; don’t waste your time making quarterly inspections. All problems can be settled after your tenant has moved out with…
the security deposit
and a
baseball bat.

4. There should never be any immediate rush into making repairs. You’re already giving your tenant a place to stay. If you give them too much they’ll eventually expect you to lick the gum off their shoes. As long as you, the landlord, have hot food and water, nothing else really matters.

5. How often do properties actually burn down or randomly topple over? Building insurance is pointless. Kind of like that guy from Wham. Not George Michael, the other one that did nothing. What’s his name?

6. When a tenant calls, it’s NEVER good news. Ignore the RING-RING, RING-RING.

7. If rent is 24 hours late, hand out both Section 8 and Section 21 like candy. Most tenants are clueless, they’ll be scared and most likely cough up the doe.

8. Reference checks are as reliable as a chocolate teapot.

9. Giving tenancy to someone with a bigger physical presence than yourself is suicide. I only recruit scrawny nerds or elderly women so I can lay the smack down if they cross the line. Physical violence and threatening antics are always reliable tools if you want to walk down the road to victory.

10. Don’t be afraid to throw your weight around. You’re THE LANDLORD- overshadow your tenant with your menacing authority.

11. Replacing the locks is like having an (offensive)- the best form of pest control.

12. If you like chavs and want to support their cause, then declare your earnings to the snake-oil taxman. Otherwise, be a man and keep the moolah tucked under your mattress.

13. Don’t bother using a Tenancy Deposit Protection Scheme. Use the money on a long deserved holiday, or something as worthwhile, like a wicked Pioneer basebox for the boot of your car.

14. At the end of a tenancy, pick up on every motherblanking glitch like a hawk so you can hold back some, if not all, of the deposit. If you look hard enough, you’ll find enough damages.

15. Don’t be scared to dish out Notice Of Rent Increase Forms, especially to long term tenants that are reliable and in their ultimate comfort zone. They’ll most likely pay the new shiney rate since they’re nicely settled in.

16. Following on from point 15, capitalizing on profit should be the bread and butter aim for all landlords.

17. ALWAYS assume the tenant is completely oblivious to their rights- because that’s usually the case, and you’ll consequently save a bundle of cash. With that in mind, forget Gas Safety Certificates, Energy Performance Certificates, and the alike.

18. DSS tenants are the holy grail of tenants. Embrace them..(deleted because may be offensive)

19. You’re paying the mortgage; you’re keeping the rain off your tenant’s head, never forget that. You owe them nothing.

20. The property your tenant is in is YOURS, not theirs. You can enter and leave it as you please.

21. Start a blog and start complaining about your tenants for fun.

Just figured I'd bring some humor to this dead forum
« Last Edit: October 03, 2010, 04:55:58 PM by rookieNYC » Report to moderator   Logged
wcmccann
Member
*
Offline Offline

Posts: 7


« Reply #1 on: October 04, 2010, 12:46:45 PM »

I see a bunch of people read, but no one gave you your props.  This was pretty funny.
Report to moderator   Logged
furnishedowner
Member
*****
Offline Offline

Posts: 1640


« Reply #2 on: October 04, 2010, 09:35:49 PM »

That was British humor for sure!  Thanks for sharing, and yes it has been a bit dead.  Just part of the cycle?

Furnishedowner
Report to moderator   Logged
justin0419
Member
*****
Offline Offline

Posts: 2120


WWW
« Reply #3 on: October 05, 2010, 04:53:42 AM »

I thought it was really funny too.  Just had a bunch going on here lately.  Took this week off work for a working vacation to finish up so many projects. 
Report to moderator   Logged

If you like rock music, check out www.Lynamsucks.com
New Live CD is out.  Titled "Thank you, Good-night"
IRO
Member
*
Offline Offline

Posts: 30


« Reply #4 on: October 07, 2010, 01:15:41 PM »

Here are some actual quotes from tenants or prospective tenants:

“I never said I was a rich man.”

The back story for this one is the guy put $5000 per month as his income on the application, when I asked for verification, he gave me bank statements going back four months, which demonstrated an income closer to $1000 per month.

“I don’t know how to water the yard”

The gardener ran over a sprinkler with the lawn mower, someone turned off the underground landscaping water supply, the gardener told the tenant that the electronic watering system was broken, by the time I was told about any of this 4 weeks had gone by in the middle of August and five 60-year-old Modesto Ash trees were in shock and ultimately died.

“The yard is infested with ants.”

Around here, Argentine Ants live everywhere (they are harmless).  To say the yard is infested with ants is really like saying the sky is infested with birds or the road is infested with cars.

 “If things getting dirty does not constitute ‘normal wear and tear’ I don’t know what does”

Here is a tenant trying to get every dime of his cleaning and security deposit back after leaving me with 2 weeks worth of work, and after I have spent all the time and energy to itemize what was an extremely generous cleaning and security deposit statement.

This business is not for the weak hearted.
Report to moderator   Logged

Steve
Independent Rental Owner
furnishedowner
Member
*****
Offline Offline

Posts: 1640


« Reply #5 on: October 07, 2010, 02:56:01 PM »

We hardly ever get disgruntled tenants, but we got one this week when we kept his deposit for a dirty unit, and leaving without adequate notice:

"I put in a toilet seat for $34.95 and didn't even charge you!"  WE ARE EXCITED TO SEE THAT DELUXE SEAT.

"I spent $75 at least on the AC filters!"  WE SUPPLY THEM AND THEY COST AT MOST $1.49 EACH.

"I had to spray the weeds myself because of your non-existent landscaper!"  THERE IS XERISCAPING MAINTAINED BY YARDMAN.

"I threw out that poor-quality rug"  IT WAS LEATHER AND YOUR DOG HAD BARFED ON IT.

"I am going to report you to those websites that talk about bad landlords"  GO FOR IT, BIG GUY.

Furnishedowner
Report to moderator   Logged
nakahubadme
Member
*
Offline Offline

Posts: 2


« Reply #6 on: October 08, 2010, 04:31:35 AM »

Sounds a whole **** like my landlord lol.
Rent can't even be delayed by a day... Damn!!
Still, I love the dude. Free drinks on weekends lol.
Report to moderator   Logged
furnishedowner
Member
*****
Offline Offline

Posts: 1640


« Reply #7 on: October 19, 2010, 11:32:47 AM »

On our repair list this week:  MISSING PISTOL LEFT BEHIND UNDER MATTRESS. 

We had a nurse from Alabama check into one of our studio houses.  A large lady, she was also very frightened of being out West and especially of our bugs. (Don't they have bugs in Alabama?)

She called me, shrieking, at 7 AM because she had come home from work, pulled back the covers on her bed, and found a vinegaroon.  A vinegaroon is a LARGE scary-looking bug, sort of a cross between a lobster and a scorpion.  It has big claws in front, antennae, and long legs.  A beneficial outdoors critter that eats cockroaches for breakfast, lunch and dinner.  It emits a vinegar odor as its defense.  When you first see one, your heart rate goes to 200, it is that big of a bug.

We had to move that nurse into another unit.  To calm her down.

Now she has called to say that she left her LOADED 38 CALIBER PISTOL under the mattress in the old unit.

Which the new tenant has been sleeping on for several weeks.

Furnishedowner
Report to moderator   Logged
Mike Little
Member
*
Offline Offline

Posts: 10


WWW
« Reply #8 on: November 01, 2010, 03:10:10 PM »

This list is pretty funny. Funny how many landlords I've seen or known who have done many of these things... Shocked
Report to moderator   Logged

I host: Minneapolis real estate  a site dedicated to informing home buyers of how to avoid paying hefty real estate commissions and other pitfalls associated with buying homes in MN
Pages: [1]
Print 
Real Estate Investing Forums  |  Real Estate Investing  |  Random Ramblings (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: How to be a **** Landlord...funny list I came across... « previous next »
Jump to:  



Login with username, password and session length

Powered by SMF 1.1.8 | SMF © 2006-2012, Simple Machines LLC

 
Anti-Spam Policy | Compensation Disclosure | DMCA Notice | Earnings Disclaimer | External Links Policy | Privacy Policy | Terms And Conditions | View Cart
©2002-2012 All Rights Reserved. REIClub.com