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TopicIm done being a landlord.
21WIVES_CHILL
02/01/21 9:47:53 PM
#1:


16 tenants in the past 4 years who all claim to be "long term tenants", yet they cant last for more than a year and a half because the "rent is too high".... well no one had a problem when they signed the contract and were okay with $1500 for a 2br2ba along with a complete kitchen and living room on the first floor and I consider that very cheap already with all utilities included.

2 months into the new year and already the tenants have changed their mind because they cant afford it despite being here for a year and a half. This is in San Francisco.

I'm done being a landlord. Anyone who tells you being a landlord will make you a ton if money is bullshitting you. The property taxes alone will take all of your tenants rent so essentially they're just helping you pay that and you don't profit from anything else. Also nobody is willing to call if I raise the rent any higher considering that the pandemic has caused a lot of people to lose their jobs and move back in with other family members.
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