Apr 09, 2003 18:57
Never ever be an absentee landlord. Ever. Not without a management company on the ground to handle things, or extracting great personal items like SSN and first born.
Man, this whole thing sucks. So I'm trying to sell the house. Tenant #1 has been wanting to buy it, saving his money, and being overall pretty nice but dumb. He rented out half of the duplex to Tenant #2 (which is another story, but I OKd it after they had already moved in).
I'm trying to coordinate with T#1 about my arrival to either sell to him or put the place on the market for anyone. What does he do? Supposedly tells T#2 that he must move out, because I'm coming down. WTF?
So I call T#1 and he says that he didn't tell T#2 that, that T#2 was just being emotionally unstable and wanted to leave at the first sight of me arriving with contractors ready to beautify the mistreated house. T#2 says, no, T#1 told him to go, so he went and won't pay this month's rent.
Confused? Me too, but in that stunningly painful way associated with absentee landlordism that means I'm about to lose more money. Why is it that people assume if you're a property owner, you must have so much money that you wouldn't miss payments of rent?
This would not have happened if I was in the same state as my house, but I'm not and it's really hard to be 100% on top of things when you're dealing with this level of stupidity. I am extremely pissed off and trying to find the least worst of options. Continue to wait until T#1 has money to purchase, which is the least time-consuming and was supposed to be my cheapest option? Put the house on the market, unrented in half the duplex? Set it on fire? (just kidding, haha insurance co.s, i'd never do that!)
And here I was supposed to be planning a trip to Amsterdam. Guess that's out the window.