- Centurion Member
- Posts: 235
- Joined: Tue Mar 12, 2013 10:10 pm
- Location: United States
It depends on where you live and the strength of the rental market versus the buying market. In some places, it will cost you far more to buy, in others, far more to rent. I tend to mostly leave my tenants alone unless I have reason or information to believe something is up. And when I do "pop by," it's only for 10 minutes unless I'm actually fixing something that takes longer. But don't you DARE call me to reset your garbage disposal and let me find you're "sitting" a friend's dog without my permission. I give permission for stuff like that freely (I love pets, have a dog of my own, and everything I own is low-risk for pet damage - i.e., no permanently installed carpeting), but I DID demand you seek my permission, and explain up front that I'm pretty free with it but want to know.
You're right, in thought, though. At the end of the day, it's my house, and I'm looking out for it. So, I restrict what people can do with it. I dunno, maybe it *seems* wrong, but, at the end of the day, the tenant is not the one painting over a terrible wall color choice, patching up holes from installation, or remediating pet damage, if their landlord gives them totally free reign. Also, I HAVE to put in other restrictions because I rent condos and them are the Association rules. For example, should I score this new property and rent mine, pets will be limited to 2 max, cats or dogs only, 50 pounds total. That's an Association rule. A large, lazy dog would do fine in my place, but I'm simply not at liberty to allow that. In my other place, sorry, but you have to buy a lot of area rugs...the Association requires you to cover 80% of the floors in furniture or area rugs. If I lived there (and I do, for my place I'm potentially renting soon), the rules would be the same for me. I do try to "explain" this by providing the covenants to the tenant.
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