> Personally, the one group of people I have absolutely no sympathy for are landlords
As a counterpoint, I was a landlord of a cheapish condo (rented for 17 years), and also a decent house in a solid middle class neighborhood (rented for 5 years). Wasn't looking to be a landlord, fell into it (really long story involving divorce right before housing bubble burst). Needed to do something to tread water until the housing market returned, renting was the only sane option (or bankruptcy, which I abhor). Had 4 tenants over the 17 year span.
Anyhow, having no experience as a landlord I tried my best to treat my tenants as "real human beings" and not be the evil landlord character you see on television. Repairs on time, quality work (by me), below market rent, didn't raise rent often (had an elderly lady on HUD in one, only raised her rent once in 10 years). I really tried to make it work, treat them well and they'll treat me well I figured.
I learned several valuable lessons about tenants. By and large they can and will take advantage of any good will you give them, as they assume that you're screwing them somehow. They also will not take care of your property regardless of how well you treat them. Their attitude towards me can be summarized as "take what you can get while the getting is good". I did not have a single tenant that didn't burn down the relationship with me on their way out. I usually found out the tenant was planning to leave once they stopped paying rent. Twice they squatted, had to get a lawyer in both cases, took forever to get them out. Just a mess.
The experience was (and still is) quite shocking to me. Being the type of person that pays my bills on time, I figured that everyone else did as well. I learned the hard way that you have to protect yourself or you will end up getting screwed. End of the day it's financially stressful making my monthly mortgage payment (and lawyer) on a place that someone else lives in but isn't paying me rent.
It seemed to me that what all of my renters had in common was that they rented because they weren't responsible enough to own. Being poor is a trap for sure, but at the end of the day I don't feel bad for the people I dealt with. Maybe I should, but it's hard to look past having to pay a lawyer to reclaim control of my property.
Got out of being a landlord as soon as the market made it possible. I could feel the stress roll off me when I sold those places.
The entire experience really soured me. I don't give people the benefit of the doubt like I used to, and am a lot more jaded with random strangers. Talking about it now is bringing back bad memories.
That said, it sucks being poor for sure. It's hard to rise above it. And yes I'm sure most career landlords suck. You have to be a lot more callous than I was to make it work at scale. Personally I know I went above and beyond and was just treated poorly for it. I suppose I let that happen, but I'm never going to make that mistake again.
It's not so much that the poor can't catch a break, but that they don't recognize the break when they get it, and don't know how to follow through and/or capitalize on opportunity, and have no problem biting the hand that's helping them. It's a very moment-by-moment type of existence, I suppose it's survival instincts kicking in that explains some of the behavior. Lying is better than being homeless, etc.
Just one man's experience and my 2 cents. I wasn't a career landlord. Draw whatever conclusions you will.
I'm bitching because I met my end of the contract, and they didn't.
I'm bitching because I gave them goodwill, and they burned it.
I'm bitching because I trusted them as human beings, and got taken advantage of.
I'll give you just one example of what I dealt with. The son of the elderly lady was trying to start a handyman business, and she asked if I would pay him to do the repairs. Help him get started etc. Long story short, I paid him (in advance, I'm the idiot) and he never did the work. I found out about this when I went over to the place and saw the work wasn't done, but the materials I paid for were gone. She stopped asking for ridiculous things for a while after that one.
I'm not saying I'm a saint. But I really tried to not be "that guy". It was impossible.
I'm getting angry just revisiting this stuff. sigh.
Edit: Regarding fixing things was my end of the contract, there was nothing too small I wouldn't fix. When it got to the point she was asking me to change lightbulbs for her, and clean the shower she let get full of mildew, I had enough.
I totally understand. Been on the receiving end of shitty landlords myself when I was a young man with little to my name. I'm sorry for your bad experiences, the power imbalance you described is real. Apologies for appearing callous and not making that point clearer.
I only posted my experience to counter your generalization about landlords. There are good and bad actors on both sides, and landlords can get taken advantage of too.
It seems that a small minority of folks ruin it for the larger group, who then get conditioned to treat the other side in kind as a pre-emptive defense mechanism (When in Rome...). I wasn't like most renters, but got treated the same as the rest. I'm sure my landlords had horror stories, and were jaded, so I was just another young punk to them, which isn't fair at all to me. At some point you give up. I got out of being a landlord before I got too jaded.
My experience as a landlord probably had less to do with me and more to do with their previous landlords.. To them I was just another landlord, so they're thinking why would I treat them any different? So why would they treat me any different?
The power imbalance goes both ways, and seems to me to have something to do with "having nothing to lose". I had a lot to lose if I didn't pay my mortgage to the bank, but my renters had nothing to lose by not paying me. They had all the leverage. I learned to be careful when dealing with people who have little/nothing to lose. As much as I tried to make renting a mutually beneficial relationship, it just exposed me and my finances to people with no real skin in the game.
As a counterpoint, I was a landlord of a cheapish condo (rented for 17 years), and also a decent house in a solid middle class neighborhood (rented for 5 years). Wasn't looking to be a landlord, fell into it (really long story involving divorce right before housing bubble burst). Needed to do something to tread water until the housing market returned, renting was the only sane option (or bankruptcy, which I abhor). Had 4 tenants over the 17 year span.
Anyhow, having no experience as a landlord I tried my best to treat my tenants as "real human beings" and not be the evil landlord character you see on television. Repairs on time, quality work (by me), below market rent, didn't raise rent often (had an elderly lady on HUD in one, only raised her rent once in 10 years). I really tried to make it work, treat them well and they'll treat me well I figured.
I learned several valuable lessons about tenants. By and large they can and will take advantage of any good will you give them, as they assume that you're screwing them somehow. They also will not take care of your property regardless of how well you treat them. Their attitude towards me can be summarized as "take what you can get while the getting is good". I did not have a single tenant that didn't burn down the relationship with me on their way out. I usually found out the tenant was planning to leave once they stopped paying rent. Twice they squatted, had to get a lawyer in both cases, took forever to get them out. Just a mess.
The experience was (and still is) quite shocking to me. Being the type of person that pays my bills on time, I figured that everyone else did as well. I learned the hard way that you have to protect yourself or you will end up getting screwed. End of the day it's financially stressful making my monthly mortgage payment (and lawyer) on a place that someone else lives in but isn't paying me rent.
It seemed to me that what all of my renters had in common was that they rented because they weren't responsible enough to own. Being poor is a trap for sure, but at the end of the day I don't feel bad for the people I dealt with. Maybe I should, but it's hard to look past having to pay a lawyer to reclaim control of my property.
Got out of being a landlord as soon as the market made it possible. I could feel the stress roll off me when I sold those places.
The entire experience really soured me. I don't give people the benefit of the doubt like I used to, and am a lot more jaded with random strangers. Talking about it now is bringing back bad memories.
That said, it sucks being poor for sure. It's hard to rise above it. And yes I'm sure most career landlords suck. You have to be a lot more callous than I was to make it work at scale. Personally I know I went above and beyond and was just treated poorly for it. I suppose I let that happen, but I'm never going to make that mistake again.
It's not so much that the poor can't catch a break, but that they don't recognize the break when they get it, and don't know how to follow through and/or capitalize on opportunity, and have no problem biting the hand that's helping them. It's a very moment-by-moment type of existence, I suppose it's survival instincts kicking in that explains some of the behavior. Lying is better than being homeless, etc.
Just one man's experience and my 2 cents. I wasn't a career landlord. Draw whatever conclusions you will.