Landlording Can Be Good For Your Soul
I had a busy day today - 5 houses I had to go check on in a certain part of town and 1 to do a move-out walk-through. A section 8 home I own happened to be my walk-through and boy was I sad to lose this tenant. Not only did I not have to worry about the rent always coming in, but believe it or not, she was one of the best tenants I have. Not everyone that is section 8 is bad, and in fact, I have as many bad high rent paying tenants as I do low rent ones!
The carpets were not in the greatest shape, but I could not fault them because it was about time for a new carpeting anyways. Then come the walls and fixtures, this is what I usually see the most problems with, aside from the carpets of course. When I get to the home, the tenants are still busily running around getting the house ready - I knew it wasn’t quite done because of the moving truck still sitting in front of the house. What to do, I thought. Well, sometimes you just have to take the lemon and make lemonade, so I did just that. I offered to give them the rest of this weekend to get the house ready, and they were very happy.
The reason I wanted to mention this story is because by me going into what appeared to be a bad situation, I was able to turn it around and make both parties happy. I will be getting a home back that is in rent ready condition on Sunday and I gave my current tenants a opportunity to take their time on getting the house cleaned up. Both of us were happy.
I typically do not do my own walk-through, but I am actually glad that I did on this one. Sometimes and often so, we become hardened by the day to day operations of landlording, but once in a while we need to step back and put ourselves in the shoes of our tenants - we may learn something valuable about ourselves.
Happy Landlording!