Renting is a two edged sword.
On the one hand, you have someone occupying your property which discourages thieves and squatters. It helps to have the extra income along with some tax write offs. And being a “Land Lord” is like taking a big bottle of Red Pills.
On the other hand, that “extra income” (rent) has to be reported on your taxes. When you add up the “costs of doing business” you only get to keep half of that income along with 100% of the responsibilities.
In the USA, you will be financially raped when you go to sell your “Rental” property that you have been claiming for those tax write offs. To sell your property as “Owner Occupied” to save some tax payments, you must live in it for five years before you sell.
You may feel that you have more control by adverting and screening the tenants yourself, but it best to use a real estate agent for that.
As long as I had a signed lease agreement and used a real-estate broker’s office to find the tenant and process the paperwork, there was some small measure of safety. The normal fee for this service is the cost of one month’s rent, which is well worth it.
Here are some tips for renting to women and other people who act like them.
It helps to have minimal contact with the female tenants and do no inspections of their apartment. A strict “no pets”/ “no smoking” policy will help to minimize the damage to the apartment. And ask for a minimum of one and a half months rent as a security deposit (after replacing some stoves and washing machines, you will wish you asked for double their rent).
For the rare times that repairs had to be made in their apartment, I have learned the hard way to perform the maintenances while they were out at work and/ or school.
Any communicate is best done through email. Second, is texts. “Snail mail” is third. Talking on the phone was the fourth choice. Fifth choice was outside their apartment door. Worst choice was inside “their” space which is to be avoided at all costs.
Throughout my Working Class careers, especially my HVAC-R business, I have learned to avoid going into women’s spaces alone.
It was best to have a female “friend” and/ or employee to accompany me in those situations.
These precautions were found to be well known by me and my friends as we worked as Handymen, Plumbers, Electricians, Carpenters, Painters, General Contractors, and Building Engineers.
Nevertheless, many of us have been victimized by female scam artists who use the laws/ court system to shake us down for cash and/or other malicious pursuits. I heard the stories and have supported guys through their trials, but I did not fully comprehend the dangers until it happened to me. Once a man has been accused of any physical violence towards a woman, his life and savings are destroyed. The man is guilty until proven innocent. It is a version of marriage that may involve real jail time. See link below:
/forums/topic/the-domestic-abuse-machine-as-an-apparatus-for-mens-enslavement/
What happens when a man finally comprehends the cold and calculating thoughts that are going through a woman's mind, while her eyes are brimming with tears?
Gravel Pit 2 years, 1 month ago.
