Comments on: Landlord Ethics

By: Murfreesboro Townhomes

Murfreesboro Townhomes — Thu, 28 Aug 2008 16:23:58 +0000

“Bruce, you hit the nail right on the head.

The last thing a landlord wants or needs is to be friends with their tenants. This has a way of clouding judgement.

You did the right thing and sprinkled it with some class. Sending flowers is a nice touch.”

I agree, I also believe you should not be friends with your employees, when someone is friends with someone with power they expect more out of that friend. I say keep business business and personal personal.

By: Larry

Larry — Mon, 18 Aug 2008 19:31:51 +0000

I could not agree more. Never get chummy with the tenants because they will think that you are family and start to be late on the rent. Business is business. I have this saying, “No one will ever care more about your money than you.” I remember that when the mortgage is due and the tenants pay thier rent on time, things run smoothly.” Tenants could care less about your financial plight if you let them slack on the rent for any reasons…

By: The Rich Slumlord

The Rich Slumlord — Mon, 04 Aug 2008 00:21:31 +0000

I had a similar experience in the past whereby a tenant that doubled as my handyman for several of my homes insisted that I come to his BBQ. To make a long story short, I did show up and over the next few months, he started to get late on paying rent up to the point that I had to evict him. I think it all started from that BBQ whereby he considered me a friend + employer and NOT a landlord…

By: admin

admin — Mon, 04 Aug 2008 00:01:45 +0000

Thanks for your very kind comment Cliff.

By: Clifford

Clifford — Sun, 03 Aug 2008 23:33:14 +0000

Bruce, you hit the nail right on the head.

The last thing a landlord wants or needs is to be friends with their tenants. This has a way of clouding judgement.

You did the right thing and sprinkled it with some class. Sending flowers is a nice touch.