How To Be A Shit Landlord
15 Jun 20091. 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 shit-fuck 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 abortions- 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 motherfucking 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 like newly born children embrace the nipples of their mothers’.
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 bitching about your tenants for fun.
Add to the list, please…
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Talk / 21 Comments left so far
Dan
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23. Send all of the ajoining houses a letter stating; If you have lent any item recently get it back now as your neighbour will be publicly evicted on such and such date.
24. Record their vehicles registration numbers and phone them in to crimewatch everytime a pervert is being hunted.
25. Make an excuse to enter the loft and shit in the water tank.
26. Sell your house and don't have the stress from all these cunt's.
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29. Just turn up at any time and knock on the door to ask the tenant questions. I mean you have a day job so it's OK to disturb your tenants on a
Sunday morning.
30. Don't check your bank account properly so that you don't realise that you were paid six days in advance for your rent, and then ring the client at 10pm on a Sunday evening to complain. And of course when you realise you've made an error there's no need to apologise as your tenants are no more than worms.
39. When it comes to checkout, attempt to charge your former tenant for the incompetence of your electrician who can't reliably install spotlights so they fall out the ceiling.
Some landlords have special needs.
I'm an accidental landlord, but my tenants are fine; like you they have become friends of a sort, and if I'm in the area I'll pop in. I don't need to make appointments for inspections, but to be honest the house is tidier and cleaner than it ever was when we were there with our kids. Don't have kids if you want to see carpet.
The landlords that I've dealt with though seem to be on some kind of power trip; they don't seem to understand the old adage of "don't bite the hands that feed you". In general I don't like people much, but landlords rarely qualify as people. Still, got a year to go before I can exit on my mortgage without penalty, and then I can build a nice house. All that said, I'm a decent sort I think, and I don't doubt there are others that are too.
I have to query point 8 though - reference checks aren't worth shit! Are you agreeing with that or saying that you should do them?
Even in business reference checks are rarely a good indication of the current state of affairs. In context a problem client is likely to be offloaded at the first possible opportunity, so a good reference will be forthcoming. Moreover giving a client a bad reference opens you up to problems with the data protection act, and potential lititgation (especially if you have a tonne of cash and comprehensive legal insurance as I do).
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im moving to a house rented through an agency which HOPEFULLY should be better at dealing with repairs (or even, DARE I HOPE, have things done properly so that nothing has a reason to break) and im taking him to court because he hasn't registered my deposit in a dp scheme. so he will have to fix everything before letting it out again, lose rent in the meantime, possibly pay me 3x the deposit back and find a new tenant. thats the way to do business!!! how much money will he have lost out on by then? ARE LANDLORDS RETARDED?????? he's shot himself in the foot, lost a load of money, and made me miserable. infinite wisdom that they posses. infinite i tell you
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Landlords think they are God, outs learned the hard way that he's nothing more that a first prize idiot!!!
NB landlords please not taking the law into your own hands is neither big nor clever and will seriously damage both your health and bank balance!!
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So landlords are money grabbing assholes, eh?
Have you looked in your paypacket lately and seen how much money the Government steals off you every month, in so-called tax, without even so much as a thankyou? And hand it out to a bucn of layabouts? Labour cn go fuck itself. Maybe I will leave my properties empty and invest in sleeping bags and cardboard boxes for the tenants to live in....grrrrrr
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Thanks.
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She left my house covered in dog s**t (both inside and out...!) and trashed the place. Also during that time the boiler broke which I had to replace at a cost of £2,000 (while she was living in my house for free)...
When she first moved in she said she was escaping from a violent boyfriend so I put up a gate and additional locks on the windows so she would feel safe (she probably said that to make her more secure when she decided not to leave!)
She is now living in local authority housing (which you and I will be paying for...) I am taking her to court for the rent arrears which total £3,000 - I know what you're thinking "what a mug" but I've got to try and claw something back...
So please don't think that all landlords are a***holes - I know there are some bad ones out there - but that is not the case here...
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By the way almost ALL landlords are parasitic worms feeding off those in society whom are unable to get a mortgage, or are FORCED to rent privately due to a shortage of council and housing association properties.
The clue is in the name- landLORD, people LORDING it over us in the modren version of the feudal system.
Why? Blame thatcher she sold off all the social housing stock and that's why we are reaping now what we are sowing!
Fortunately the mistake has been realised (even by the ConLib gov) and will be recitfied tho' it will take time.
So to all you parasitic landlords enjoy the good times because they will be coming to an end.
I'm luck to rent a very nice family home from a Housing Association which is run for the benefit of members and not to fund some property owning would be tycoon's retirement fund!
I'd rather save for MY exotic hols and retirement than fund yours! Your days are numbered.
Oh PS- The value of your properties may go up as well as down, ( but most likely down!) Ha Ha ;-)
Sincerely . . . Mr. Dunrentingprivately
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I initially started this website because I wanted to document my every step from property idiot to property landlord,
in hope that people would find my site and help me along the way. I literally didn't have a clue about being a landlord
when I started this website.
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