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re: TOS: Being a landlord

Posted on 6/12/15 at 1:00 pm to
Posted by crispyUGA
Upstate SC
Member since Feb 2011
15919 posts
Posted on 6/12/15 at 1:00 pm to
My father used to own several rental properties in Athens, and unless you own around 30 properties and do it for a living, it's not worth it. My parents have received cease and desist letters from the DEA twice due to the kids they rented to (who all provided references and had their parents co-sign) thought they were little trap kings and were selling drugs (mainly pot, apparently) out of the house, so they were raided by the authorities. Generally speaking, the guys who would rent the house would not call at all over the course of a school year to report anything broken, but then they would roughly $5,000 in damages to be repaired. The girls would leave it in pretty decent shape but my father would get no less than 3 calls a week about "Omigod, like, something is broken!". So, it's a pain in the arse both ways.
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