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itsmegeorgiab · 1 year ago

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The 5 things I wish I knew before becoming a Landlord for the First Time

Becoming a landlord can be a great opportunity for you, but it can also be very challenging. In this video, I'm sharing with you the 5 things I wish I knew before getting started.

These are the 5 things I wish I had known before becoming a landlord, and why learning these NOW can make you a better real estate investor in the long run. Enjoy!

This content is for educational and entertainment purposes only. Georgia does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.

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propertmanagementbiz · 1 month ago

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MLM Property Management

Outsourcing property management services lightens your workload and boosts efficiency. Whether you own a single property or an extensive portfolio, outsourcing keeps everything organised, saves time, and lets you focus on what truly matters.

#property management #landlord tips #real estate services

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openestates · 4 months ago

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Open Estates

Letting out a property sounds straightforward, but anyone who’s done it will tell you there’s a lot more to it than just handing over the keys. From finding the right tenants to handling the never-ending paperwork, it can quickly become a full-time job. That’s where a letting agent comes in. A good letting agent can take the load off your shoulders, making the whole process a lot easier and less stressful.

#property management #landlord tips #real estate tips

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jungwildeandfree · 2 days ago

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i have a lot of snooty old-money behaviors but the one which i do recommend wholeheartedly to other people is, if you live in a multi-unit with a dedicated groundskeeper, live-in maintenance or one specific 'fix-it' person, i believe that every year around the holidays that person should receive from you a christmas card with a little note and $20.

#note: this does not apply to the landlord #secondary note: yes i said CASH! you don't know them! this is a pure community courtesy and cash is a perfectly good medium for this #and if you don't know your maintenance guy's name -- this is a GREAT way to find out!#go up introduce yourself 'hi i'm X i live in 5B nice to meet you merry christmas!' and then fuck off instantly #(secondary tip: no interaction can become awkward if you end it cheerfully and firmly and then leave immediately--try it)#'oh i don't celebrate christmas' great! maybe they do #'they don't celebrate christmas' give them a card for diwali or eid! that is not the point! the point is APPRECIATE YOUR FIXERS

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victusinveritas · 8 months ago

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Most landlords don't have spines, so you'll want to improvise a bit on step 3. I recommend a good stick.

#all landlords are bastards #landlords #helpful tips #tents #camping

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nando161mando · 1 month ago

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Don't fix your rentals up to proper occupational health and safety standards now then don't expect rent in the future when you can't house them for a dumb-fuck decision you made to let the building fall to pieces.

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markwateneymemorialcrater · 3 months ago

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Nothing confronts you with your own prejudices like trying to find a new roommate through a classified ad.

#like I want to find someone who will be comfortable around me and vice versa #I’d prefer someone more or less similar to myself.#but it does feel a bit wrong to discount people based on such little info #and I don’t feel comfortable if we both tip toe around eachother #of course this seems to be opposite to what many landlords want. they prefer to not even notice the person paying to live in their house

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i-got-personality · 4 months ago

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Had to get a new crutch so naturally the first thing I did was put a gay sticker on it

#it's absolutely gonna get worn off fast but it's the thought that counts right #please ignore the world’s ugliest carpet my landlord has awful taste #my old crutch was so beat up it had literal dents in it. i kinda wanna give it some kind of viking funeral #usually it's just the tips that need to get replaced but that bad boy was DEAD. also it was slightly too short for me and hurting me more #which was bad for obvious reasons! but it's nice to not need a child-sized thing for once because as a trans guy that is rare for me #it is still at the shortest possible size but it's the thought that counts right? anyway. gay sticker.#plus my boyfriend gave me the sticker so it's like DOUBLE gay #not newsies

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seraphim-soulmate · 5 months ago

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ppl be hating on my pessimistic and gloomy nature. sure I got people to accept me into their colocation so I'm no longer at risk of ending up at my mom's immediately. but what now? now I have to freak out about the contract, talk to the landlord, sign papers, exchange money, pack my things, move my things. lotsa intense work that requires a functional brain. and according to my sister, it's a stupid concern to have, but the written contract for the apartment includes a lot of shit when the reality is different from that. it says we're responsible for all repairs, whereas so far it's mostly the landlord that's done them. there's also surprise costs that pop up with the maintenance of the water heater and other shit, but sure. I'm just supposed to not worry about any of the practical aspects of this before moving in and instead fully embrace the situation and celebrate my victory. except I'm moving to a 2nd (3rd floor for Americans) apartment with no elevator, which has a spiral staircase, so either I pay for a lift service to haul my furniture in thru one of the rooms, or I make myself and everyone potentially helping me endure that many stairs with all my furniture. No stress! Don't worry about it!

#personal #me #i called my sister for advice and her input and i forgot how belittling she is when it comes to fears and anxiety #like woops sorry i want my paperwork to reflect the reality of the situation?? and that i dont want to get fucked over by bureaucracy??#also pro tip: when someone says they feel like they're being fucked over by their landlord. dont tell them the landlord is in the right.#i should maybe confront my sister about this tbh. she's all ''u can always call me to talk and count on me'' except what she says is bad

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as-mod-eus · 5 months ago

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my favorite thing is spending over $4000 to move into a new apartment just for the coax cable to be inactive 😒

#so extremely sick of slumlords #now I have to spend my own money to get it fixed and be able to have internet service in my “new apartment #America sucks don’t ever move here #sadly just the tip of the iceberg with the landlord special #ooc.

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mytearsrricochet · 1 year ago

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“consider tipping 15% to your landlord on your rent every month especially if you bother them at 2 am” I would sooner tip 15% to Taylor Swift on my eras tour ticket

#by tipping do you mean cutting off 15% of their head every month #I hate tiktok and I hate landlords #tiktok landlords was the worst thing I had to see today

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mellow-hole · 9 months ago

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at some point a previous person who lived in this apartment took off the kitchen door and i can’t for the life of me work out WHY - it’s not like it made the place more open-plan it just makes it smell like cooking all the time

#anyway i’m going to see if i can find a door at the tip shop and install it bc my landlord already said he doesn’t mind

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propertmanagementbiz · 5 months ago

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