• IamtheMorgz@lemmy.world
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    1 year ago

    I have a small house I purchased in a neighborhood full of renters. I bought during the low interest pandemic times, too, so my mortgage is less than most people’s rent. If I won the lottery tomorrow I would definitely sell my house for a better one (I make about 30% more now than when I bought, and the only reason I won’t move now is because of the interest rate). So many people have told me that I need to rent this place out rather than sell it. But I don’t have the ability to be the kind of landlord you described and therefore I know I shouldn’t be a landlord at all.

    • Cosmic Cleric@lemmy.world
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      1 year ago

      So many people have told me that I need to rent this place out rather than sell it. But I don’t have the ability to be the kind of landlord you described and therefore I know I shouldn’t be a landlord at all.

      You don’t need to be a “unicorn”, just be a “good horse”.

      Treat your renters decently, and take care of issues as they come up.

      Don’t be your own worse enemy.