I know I have a big problem with niceness, it’s part of how I was brought up.
I want to help people. Whether it’s a tenant who’s struggling, or a landlord with a problem.
The problem is, we often let this become our problem…
You need to know where that line is.
Whether it’s in your landlord business or in your life, you need some boundaries!
If you’re a new landlord, and you’re a nice person, you will go the extra mile for your tenants, especially your great tenants. I just caution you, know where you’ve gone too far and know when it’s past the point where their problem has become your problem.
Sometimes it takes an imaginary line in the sand, or a fixed dollar amount or number of days that you can allow a tenant to fall behind. whatever the scenario planning in advance and telling yourself where that limit is can save you money, frustration and wounded feelings later.
Final thought, the problem isn’t you being nice, it’s others using it to their advantage…
In my ongoing experimentation as to how I can best aid and assist all the landlords and followers out there, my intent is to create short little articles like this every Friday.
Depending on timing it may automatically be sent out Friday morning or Saturday morning (if I finish before ten am local it automagically sends notifications that day, otherwise ti goes out the following day).
These shorter posts will be thoughts and reflections of mine, if you like them let me know, if you hate them let me know, if you’re indifferent just sit back and eventually I’ll quite doing them.
Thanks Bill to point this topic out. It is my problem and always struggle it . I’d like to learn from this topic and know where is the boundary for a landlord and tenant.
Good info. Sometimes, as new landlords, we don’t know what we don’t know. Thanks for all the great posts.
Thanks for the feedback and you are so right. Ironically, once we know more, we also don’t know that what we know others don’t! It’s called the curse of knowledge!
Bill